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Market Analyst Mitesh Thakkar has four stocks on his selling list in today’s session. Thakkar has bearish view on Coal India, Tata Motors, HDFC Life and TCS.
Indian stock market witnessed rally for the last three trading sessions and investors felt relief as many stocks had declined significantly. Among the major gainers for the week were Tata Consultancy Services Ltd (TCS), HDFC Bank, HDFC, Infosys, Hindustan Unilever, Kotak Mahindra Bank and ICICI Bank.
Markets gained from lower levels and buying was witnessed on Wednesday. Investors turned bullish on Thursday and Friday ended with smart gains. Among top 10 Indian stocks, seven companies gained during the week. Small investors mainly invest in mid-cap and small-cap companies and the trend in both these segments is still not positive. Mid-cap stocks of many well performing companies are trading at a lower price.
