Grey market premium for Paras Defence is around Rs 200 per share, which is about 200% over the issue price
Gurmeet Chadha, co-founder, Complete Circle Consultants, says investors should be selective as this is not the time to chase momentum.
Traders can bet on SBI, Axis Bank and RIL for upside from the current levels.
Bullish on Kolte Patil, DCW and Power Finance Corporation, Rahul Sharma of Equity99 spoke to Money9 to share insights on markets.
Milan Vaishnav of Gemstone Equity Research spoke to Money9 on the strategy investors should follow at record highs.
Strong earnings delivery, benign liquidity and buoyant sentiments have lead benchmark indices to surge over 20% YTD
No one can predict when a correction will come, take some profits off the table and stick with stocks having strong fundamentals
Bulls have been driving markets higher, the charts are looking positive and one can look to accumulate as there are no signs of corrections
Assumption of 10% CAGR in stock markets is not unrealistic as many market experts like Raamdeo Agarwal and Vijay Kedia have time and again said it.
Among sectors seeing traction today, Bolinjkar believes energy stocks are in focus and Coal India in that theme will be an important stock to track