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Oil & gas, paint and tyre stocks to be in focus today

DNMUM427624 | 12/7/2018 | Author : Vivek Misra | WC :149

QUICK5

1 Bull market or bear market?
Bear for today. We expect volatility shall increase and the ongoing down move is likely to persist.
2 Stocks likely to be in limelight today?
Stocks from Oil and gas space, Paints and Tyre stocks are likely to be in focus.
3 Sectors likely to impact market today?
As per trading activity wise, over last few days, we have seen sharp cracks in defensive sectors like Pharma and IT, hence they are likely to be in limelight for the coming session also.
4 Your mid-term view?
We expect markets to be generally flat until the general elections. We believe that state election results and oil prices can induce volatility but better corporate earnings should help drive markets with an u
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