RIL, other index heavyweights may see good demand in H2 2016: Deven Choksey - News Summed Up

RIL, other index heavyweights may see good demand in H2 2016: Deven Choksey


Market is not longer being driven by stories but by earnings , says Deven Choksey, MD, KRChoksey Investment Managers. I still believe companies like Maruti, Bajaj Auto and Tata Motors are likely to put up good performance. In an interview with ETNow , he said the Market will continue to recognise quality earnings. If you look at some of the Auto numbers, the volume numbers per se , you find that auto companies are likely to come out with a good set of numbers even though there may be some slippages like in the case of Maruti. ExcerptsWell, basically the market is now going in a direction wherein the earnings are given more weightage.


Source: Economic Times July 25, 2016 06:33 UTC



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