Profit booking may be seen at higher levels: PN Vijay
March 25th, 2009
PN Vijay, Portfolio Manager: Global markets are taking cue from minor improvements in the economies. The changing trend in US home sales data and domestic metal & auto sectors is a positive for the markets, but profit booking may be seen at higher levels.
Dipan Mehta, Member, BSE/NSE: The bulk of F&O volumes are coming from Nifty Options and that trend may continue. Market is still light and gradually Nifty Futures have turned into a premium. Final rollovers should be much stronger than last time. Banking stocks are likely to see long rollovers.