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Auto, metals, banks to lead in the March quarter, IT to lag: Kishor Ostwal

Interview with Kishor Ostwal, CMD, CNI Research

Auto, metals, banks to lead in the March quarter, IT to lag: Kishor Ostwal
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Pranati Deva New Delhi
IT stocks are a good buy only as long term investment, says Kishor Ostwal, CMD, CNI Research in an interview with Pranati Deva. He also added he sees Nifty reaching 9,600-mark by the end of 2017. Edited excerpts

With Indian markets currently trading near record highs, do you think the time has come to turn cautious or would you think the ride has just started?

The ride is just started. With GST playing right, economy digesting demonetisation and global rally in place, the Indian markets have entered the bull market now, which will sustain.  The biggest drivers for the market will be