Aviation stocks might see correction; NMDC offer sale to succeed: IIFL
PUBLISHED ON: December 12, 2012 | Duration: 8 min, 33 sec
Prashastha Seth, senior VP of IIFL Wealth Management, talks about the 55-65 per cent rally in all aviation stocks in recent few weeks. He says the buzz of potential mergers and acquisitions is keeping stocks flying high and adds that at some point, stocks may start to see correction. He also thinks that the NMDC offer for sale will be a success.