Should one buy Vedanta in this panic or exit? What Prakash Diwan has to say-February 2024-www.financetom.com

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Should one buy Vedanta in this panic or exit? What Prakash Diwan has to say

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Should one buy Vedanta in this panic or exit? What Prakash Diwan has to say

Oct 7, 2020 8:57 AM

Vedanta shares were sharply down in trade amid reports that some institutional investors were bidding at a low price.

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In an interview with CNBC-TV18, market expert Prakash Diwan said there is an arbitrage opportunity available in Vedanta shares, but it comes with the risk that one or more institutional investors could skew the results of the buyback offer.

Diwan also offered his views on other stocks and sectors.

Watch video for more.

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