Market expects Greek issue to get resolved: Ashwani Gujral

Anybody who thinks that he could buy after the Greek verdict, will be too late, says Gujral; the market will not wait for July 5, he adds.

Market expects Greek issue to get resolved: Ashwani Gujral
In a chat with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com, talks about how the market may behave in the days to come.

ET Now: What is it that you would recommend for the coming sessions of trade? Do you think the ongoing uptrend will continue?

Ashwani Gujral: The market has started rallying again. We hardly have had any dip post Monday’s correction to 8,200. As days go by, and as it becomes clear, people should understand that the market will not wait for July 5.

It will keep on making its assessment based on statements and what other information comes in. When the actual news is out, you will get one final burst of rally and then things will be over. So anybody who thinks he will buy after the Greece verdict will be too late. So we have to respect market action i.e. the market believes this crisis will get resolved.
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