While cost pressures could partly offset the expected gains, given the currency hedging by companies the gains will not accrue immediately.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
In a chat on rediff.com, Feroze Azeez offered valuable tips.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
Ironically, bad loans and non-performing assets are on the rise in public sector banks in India, say sector watchers.
Rajinikanth fans throng Chennai theatres to catch his latest film Lingaa.
It's also important to understand the rationale behind choosing particular stocks and when to sell.
Subramaniam feels it does make sense to have some overlay in lump sum if one has the cash to do so.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.