Experts paint bullish strategy for market going forward

Written By Unknown on Jumat, 31 Oktober 2014 | 20.07

The November series opened on a strong note with hopes of more reforms from the Modi-led government.

The Nifty today continued its upward march and closed for the first time high above 8300, up 153 points (the highest one day gains since May 9 2014 - before Lok Sabha elections results) or 1.87 percent to 8322.20 led by 48 shares

The November series too opened on a strong note with hopes of more reforms from the Modi-led government.

Devang Mehta, Anand Rathi Financial Services, Dilip Bhat, Prabhudas Lilladher and
Mithil Pradhan, Violet Arc Global Managers in an interview to CNBC-TV18's Anuj Singhal and Sonial Shenoy spoke about the way forward for the market, and the new series.

Pradhan says the only startegy for the market is a bullish one and nothing else.

The 30-share BSE Sensex jumped 519.50 points (the highest one day gains for the first time since May 12, 2014) or 1.90 petcent to 27865.83. The BSE Midcap and Smallcap too participated in the rally, up 1.24 percent and 0.96 percent, respectively.

Check the video for the entire discussion


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