Market expert SP Tulsian bullish on chemical space; bearish on 2 aviation stocks

Market expert SP Tulsian of sptulsian.com shared his views on the markets going into 2020 and specific stocks in an interview to CNBC-TV18.

Talking about PVR, he said, “Low budget movies seem to be doing well and that’s probably the reason PVR is doing well. But this is an expensive stock and I will not advise it because I do not have the courage to recommend buying it on the current level.”

On the chemical sector, Tulsian said, “I will not advise to look at stocks like Bodal Chemicals but two stocks in this space, Bhageria Industries and AksharChem (India), purely from a pollution control point of view will be seen as huge beneficiaries. My disclosure is I'm the director of Bhageria Industries. The dye intermediate makers are reaping good gains having seen the product prices gone up already by about 15-20 percent in last 3 days.”