Market momentum likely to continue
  • WebDesk BTVI
  • Apr 03 2019

Chakri Lokapriya, TCG Advisory Services, says the valuations are a confluence of a few factors such as the performance of the sectors, including banks, in the last quarter. He says given the average to poor earnings in the last quarter, it is likely to pick up pace now. The fact that RBI may announce another rate cut will also influence the outcome. On the topic of auto stocks, he says it is likely to keep up the trend and is looking attractive.