Wednesday, 10 July 2019

The Market Turned Volatile As It Is Looking For Firm Direction

The market turned volatile as it is looking for firm direction on either side and hence is closely watching Q1 earnings season that started by TCS on a subdued note.

The BSE Sensex was down 22.81 points at 38,708.01 and the Nifty50 fell 2 points to 11,553.90.

"Long-term prospects of Indian market remain intact," said Vikas Khemani, Founder at Carnelian Capital Advisors LLP in an interview to CNBC-TV18.

He said would not buy Titan now, better to wait & watch and would see a shift from over-owned stocks to under-owned stocks.

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