Ambareesh Baliga discusses with Anuj Singhal and Surabhi Upadhyay his analysis on the fundamental side of the market as well as specific stocks and sectors.

The stock like D-Mart is moving up in the last one and a half year and it is seeing new highs, Balliga said.

"But if you are talking about next 6-9 months I see these two segment like stocks like Future Consumer as well as D-Mart is possibly moving up either around 10-12 percent move from here because of the election year, ” he said

“Last week, I said possibly we could see one more move up and that is exactly what we saw for Tata Steel, JSW Steel so it is time to at least take some money out if you have not taken out earlier because I don’t see for most of the steel stocks the earlier highs which we have seen in 2017,” Baliga added.

First Published:Aug 29, 2018 6:35 PM IST