Several midcap stocks have acted as if they were MiG fighter jets, racing ahead with supersonic speed.Stocks like Bajaj Finance and Bharat Financial Inclusion jumped more than 10 per cent post their quarterly numbers. The Nifty50 opened higher this week and continued the upward journey, albeit with a slower momentum. Dilip Buildcon will hit the market next week, potentially inviting a huge response. However, investors should invest with a horizon of one year for good returns, and short-term bets may not be lucrative.In general, investors and traders should be cautious. Views and recommendations expressed in this section are his own and do not represent those of ETMarkets.com.
Source: Economic Times July 30, 2016 05:03 UTC