Arpit Beriwal of Motilal Oswal Financial Services spoke to Money9 and explained what to expect from the markets going forward.
In the final trading session of the week, Indian benchmark indexes began in the green, reclaiming key levels after positive signs. Today’s results will be focused on RIL, Zee, and Yes Bank. Motilal Oswal Financial Services’ Arpit Beriwal spoke with Money9 on what to anticipate from the markets in the future.
Although the Nifty has found support at 18,050, earnings are expected to drive the indexes higher. The Nifty Bank index has broken beyond the 40,000 mark. He said that the banking sector would release a slew of results next week, which might help the index beat the benchmark.
buy | ICICI Bank|SL: 730 | TGT: 815
buy | Tata Motors | SL: 485 | TGT: 565