Indian Markets to remain strong: Ashish Kapur, Invest Shoppe

Indian Markets to remain strong: Ashish Kapur, Invest ShoppeAshish Kapur of Invest Shoppe believes that Indian Markets will remain range-bound for next few trading sessions. He has suggested investors to remain invested as the markets should see positive trend over the next one month.

During an interview on NDTV Profit, Ashish suggested Videocon, Kesoram, Ceat and HDFC for long term investment perspective.

Rating agency S&P has given better rating of "Neutral" for India, compared to earlier "Negative" based on the recent recovery in the Indian business outlook.

Indian Markets closed higher today, ending the week with decent gains. The BSE Sensex gained 2.4% while NSE Nifty moved up by 2.3% over the week.

Due to positive newsflow, the BSE Metal index was up by 3.5% while BSE Oil and Gas index gained nearly 3.4%. BSE IT index closed the week with a gain of 3%.