Gopi Suvanam, Founder of InvestWorks is of the view that one may short Financial Technologies.
Gopi Suvanam, Founder of InvestWorks told CNBC-TV18, "Financial Technologies is a very idiosyncratic stock. It is not just about what we are talking about NSEL. There are other aspects also which could be significantly negative for the company. So, today it has rallied, may be this is a good time to go short on this stock."
"The business in terms of its technology business and its Futures trading business are also not looking great. So, this is a right opportunity to got short on this stock," he said.