Won’t buy in the market at this point: APTART
Sandeep Wagle, founder & MD, APTART Technical Advisory Services, in a chat with ET Now says that he won’t buy in the market at this point.
Not really. As I have been saying for the last two or three days, I am getting a feel that possibly the Budget would be a kind of a no event with the markets neither going up in a big way, neither falling in a big way.
Yes, some of the stocks are looking quite positive but the point is how much upside. They have already moved up. The metal pack has given a smart up move, the IT space has held on. So I would say some of them are looking okay. I will not buy at this point of time keeping in mind the Budget but I would wait for more clarity. That is a better way to put it.
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