Quarterly earnings results play a crucial role in markets: Kranthi Bathini

Markets have been in sideways momentum and lackluster trade was observed today. The markets are witnessing a subdued action over the last two or three sessions. Kranthi Bathini of Wealthmills Securities in an exclusive conversation with Money9 picks the right stocks for you. “Any correction that comes in the market there is ample liquidity that is going to absorb the selling pressure. This week was short as only four trading days are there. The market looks tight and the valuations look stretched. Looking for a value bias in this market seems difficult. The quarter earning result is crucial for the market. They play an important role in deciding the sustainability of markets and the headroom to go further.

Stock Recommendations

Kolte Patil | Book | Price: 220 | CMP: 294

Reliance Industries | Hold | Price: 1900 | CMP: 2439