Market expert Prakash Diwan expects Cholamandalam Investment & Finance stock to be re-rated post the Q2FY21 earnings. He said Cholamandalam was anticipated to start doing well on the back of the CV cycle but the Q2FY21 earnings indicate that it has already started doing well much earlier than expected. He advised investors to buy the stock on dips.

On Reliance Industries, he said there are triggers which are not very conspicuous but expects those triggers to help the stock re-rate one more time and make new highs.

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(Edited by : Bivekananda Biswas)