Biocon, L&T Tech, Sterlite to be in limelight today

Bull market or bear market?

Markets are witnessing some profit booking and hedging.

Stocks likely to be in limelight today?

One can accumulate Biocon, L&T Technology Services and Sterlite Technologies.

Sectors likely to impact market today?

Overall we are seeing positive investor interest in IT, Pharma and export-oriented companies.

Your mid-term view?

Markets may be volatile in the mid-term, some of the key events coming up are RBI monetary policy meeting, Q2 earnings result calendar and state elections.

What drove markets on Monday?

Overall global emerging markets were weak due to fear of new tariffs of about $200 billion on Chinese goods by the US.

Siddharth Sedani, VP-Equity Advisory, Anand Rathi