Stay light for May series; buy BHEL, SBI: Angel’s Bhamre

In an interview to CNBC-TV18 Siddharth Bhamre, Angel Broking said for the May series he proposes to remain light but not necessarily short the market because he anticipates long unwinding and profit booking by stronger hands. However, in case Nifty touches 6900 levels in a day or two, Bhamre said he would short the market for smaller gains.

BHEL 189.45 2.65 (1.42%)
SBIN 2,074.00 25.45 (1.24%)