"The global macro is the predominant moving factor and that stays till December 13th at the least; till we get some clarity on the Fed s next move. For some time, you will see rangebound markets. Optimistically, hopefully, by Diwali, we cross a lifetime high on Nifty, but then it comes back down. There are no very strong fundamentals to hold it there and sentiment is quite bearish."
“Every time Infosys falls, I think you should buy a little more of it and every time it goes up, you should continue to hold because there is no reason to sell these stocks. The growth is intact, the stories are intact. We look at the earnings, but I am not much driven by that, so long as they keep maintaining their growth in revenue and profitability.”
Mumbai, White-collar hiring witnessed an 8.6 per cent annual decline in September, following a negative trend in sectors including IT, BPO or ITES and FMCG,