NSE: 4899.30 -309.50
BSE: 16,729.94 -875.41

Nifty has strong support at 4500 and Sensex at 16000 and there may be no big downside from here, says Rahul Mohindar, technical analyst, on CNBC-TV18. At current levels it is a good opportunity for investors to build a portfolio and buy stocks like Reliance Industries, ONGC, he adds.

Stocks that offer value at current levels include IDBI, IDFC, GSPL and RPL, says Ashu Madan of Religare Securities, on CNBC Awaaz.

It's a dream rate for investors on many stocks and Reliance Industries, SBI, L&T and ICICI Bank can be accumulated in the portfolio, says Gajendra Nagpal of Unicon Investment Solutions, on CNBC Awaaz