Don't increase gears on Modi rally; buy on dips: Expert

Written By Unknown on Senin, 28 April 2014 | 10.54

This is the perfect time to buy on dips, says market expert Sandip Sabharwal who prefers Crompton Greaves, Apollo Tyres and Arvind among midcaps.

As the date to the general elections' results comes closer, one should probably wait and not tank up on Modi stocks, advises market expert Sandip Sabharwal.

Speaking to CNBC-TV18, Sabharwal says most high-flying names will give up their gains and some large midcaps may also see sell off.

This is the perfect time to buy on dips, says Sabharwal who prefers Crompton Greaves ,  Apollo Tyres and  Arvind among midcaps.

"They are large established midcaps, but have run ahead of themselves and may correct significantly," he further adds.

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