Equity benchmarks came off day's high with the Nifty trading below the 8700 level, weighed down by ICICI Bank and Larsen & Toubro that fell 3 percent each post earnings.
Speaking to CNBC-TV18, Consulting Editor Udayan Mukherjee said marquee companies have been disappointing so far in the first quarter of FY17. The trader has to be bullish now. If you are bullish, you should be a paranoid bull, he said. Because may pieces of the puzzle arenĂ¢t looking comfortable.
Note: Any changes made to your Portfolio today will be effective only in the next day's Networth mailer.
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