Capital Goods Stocks Outlook For The Week - 24 To 28.12.2018
Stocks of capital goods companies are seen range-bound next week, with a slight positive bias.
Sector bellwether Larsen & Toubro may gain on news of order wins for the company. Shares of Bharat Heavy Electricals are also seen gaining. Long-term investors are likely to avail of the
steep decline in the L&T stock and enter the stock at current levels. Stocks of major capital goods companies are also seen taking cues from the broader market. Markets will be closed on Tuesday on account of Christmas.
Source : Cogencis Information Services Ltd.
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Stocks of capital goods companies are seen range-bound next week, with a slight positive bias.
Sector bellwether Larsen & Toubro may gain on news of order wins for the company. Shares of Bharat Heavy Electricals are also seen gaining. Long-term investors are likely to avail of the
steep decline in the L&T stock and enter the stock at current levels. Stocks of major capital goods companies are also seen taking cues from the broader market. Markets will be closed on Tuesday on account of Christmas.
Source : Cogencis Information Services Ltd.
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