Outlook for the market

For long to medium term investors, this is extremely good opportunity to invest. In the short term, market might take a pause around 4600 nifty, then come back to 4200 or so. Near term trigger would be Andhra Pradesh elections, in that if Congress wins, which is very much on the cards, also they happen to be the biggest spender on Agriculture sector. You can take a short term investment call on IVRCL infra & Patel Engineering (Also read Patel Engineering – Dark Horse), as these companies have major exposure in AP.