Business
Markets are oversold and hence overdue for a bounce; but one may expect renewed selling pressure at higher levels
Updated : Aug 08, 2019, 06:30 AM IST
Mildly bearish, but waiting to bounce.
Lupin and Hindustan Unilever to be positive while Tata Steel and State Bank of India to be negative.
FMCG, IT, pharma to be positive while banks, metals and auto may decline
Markets are oversold and hence overdue for a bounce; but one may expect renewed selling pressure at higher levels.
Deepak Jasani, head, retail research, HDFC Securities