Media stocks likely to go up: Deepak Mohoni

In a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com, shares his investment ideas.

What do you have to say on the media stocks?

The one that's been moving quite sharply recently is Deccan Herald. It has been making fairly sharp moves but once again it is a situation. We are in a dartboard market, practically everything is going up, maybe 1 in 10 stocks is not, so media tends to participate quite nicely in rallies such as these. If something has not gone up, it would have a pretty good chance of getting into the act.