Sensex poised for 23,000? Analysts speculate on fair value
Estimates on Sensex are mixed and analysts expect the benchmark index to move in a 5000-point range, from 18000 upto 23000.
Sensex closes 333 pts higher; Nifty ends near 5,450
After a steep fall of nearly four per cent in the previous session, the Sensex spurted by 332.89 points, or 1.83 per cent to 18,567.55 on funds buying, as investors judged yesterday's sharp fall as excessive.
Small- and mid-cap stocks down 30% in 2013: Too early to bet on them?
For an investors who track fundamentals of the company very closely and have a multi-year horizon, this is the ideal time to buy mid-caps, say analysts.
|
No comments:
Post a Comment