Auto stocks to perform well on new launches: Ambit Capital
Andrew Holland, CEO-investment advisory of Ambit Capital, speaks on what to expect from the stock markets as Q2 earnings approach. According to him, media sector stocks like Jagran, Hathway Cable and Dish TV continue to trade on the upside, while new launches bring good news for auto stocks like Maruti, M&M and Tata Motors. Nifty, however, is expected to settle at 5700 level, he adds.
