Abhinay Jain, Fund Manager at Sharekhan has a cautiously optimistic outlook on the Nifty. He also recommends trading in Index options for now and with stocks likes Tata Steel and RCom. Meanwhile, Anand Kuchelan, VP - Derivatives at Padmakshi Financial Services, believes that we could be headed for a minor correction; but it's not advisable to go short in the Nifty futures and instead initiate a bear put spread.
