ET Now: Do you like Adani Enterprises as a business? Is it a good play that you would be keen to buy?
Ambareesh Baliga: It is a good play, if you believe in the India story. If you expect that the India growth story will play out over the next couple of years, then you should be looking at this stock, but on a correction (and not at present level). I see Nifty falling to 7,800 levels. If the stock tumbles close to Rs 600-625 range, then it could be a good buying opportunity.
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Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price