Pre-budget stocks: What to do

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Countdown having begun for the Union Budget, Sensex remained in the positive zone for the whole of Wednesday, raising hope in the investors’ minds. But towards the end of the day, Sensex went into the negative.

Will the Sensex move up from this point? Or is the Sensex likely to sink further? What strategy should you follow?
Is this the right time to buy stocks? If so, which stocks and sectors should you concentrate on?

Market expert Pranav Sanghavi answered to many such readers’ queries during an hour-long chat on Wednesday. Here is the transcript:

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