The market somersaulted into green with some smart gains. The Sensex is up 159.14 points or 0.6 percent at 28104.94 and the Nifty is up 45.10 points or 0.5 percent at 8490.00. About 1289 shares have advanced, 472 shares declined, and 100 shares are unchanged. Lupin, BHEL, Cipla, HDFC and Bajaj Auto are top gainers while Wipro, Tata Motors, coal India and Hindalco are major losers in the Sensex.
The market currently is offering lot of opportunity to enter for the long-term believes Deven Choksey of KR Choksey Shares & Securities. It is the right time to build a portfolio for two years and above, he says. According to him one should look at buying frontline stocks that are available at good valuations. If the market corrects going forward due to global or local newsflow then it should be utilised to accumulate them in once portfolio, says Choksey. With the government rolling out its digital and agri plans, Choksey sees lot of opportunities in good quality midcap spaces like media and agriculture.
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