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Mkts may see some profit booking: Edelweiss

This article was posted on Apr 15, 2009 and is filed under Press Releases

Tushar Mahajan, Edelweiss Securities: While the market has been favouring bulls, I would advise caution as we may see some profit booking. Volatility is likely to inch up further. Metal stocks may see profit booking.

Shashank Khade, Kotak PMS: Euphoria is back in the market and retail participation has increased. I would advise investors to be cautious at current levels. Infosys results are likely to be in-line with expectations and the stock is richly priced at 12 times forward earnings.

source: moneycontrol

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