Buy HDFC bank, ICICI bank, L&T, M&M: Quantum Securities
Neeraj Dewan, Director of Quantum Securities says that markets are likely to trade in a tight range of 5100-5300 due to the cautious stance on the street, while FII selling continues in Indian equities. He further says that domestic cues are not showing signs of recovery, with lack of policy and clarity on GAAR acting as a dampener.
