Dec 15, 2012, 01.51 PM IST | Source: CNBC-TV18

Buy LIC Housing Finance, says Sukhani

Buy LIC Housing Finance, says Sudarshan Sukhani, s2analytics.com.

Buy LIC Housing Finance , says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "LIC Housing Finance is a buying opportunity. It has been in a trading range. It is now willing to move higher. Friday was a good day for it and I would assume that in a choppy market some stocks do go up and LIC Housing is ideally positioned to do that."

He further added, "Non-banking finance Companies (NBFCs) in general should be bought on dips; the whole sector seems to be on a roll. So LIC Housing is a buying opportunity but again the context must be seen; if the Nifty starts coming down buying in general should be avoided. But in any circumstance some buying would be done and LIC is an ideal condition for that."

Set email alert for

ADS BY GOOGLE

Buy & sell politicians on Power Play
- the political stock exchange

Price Update

Arvind Kejriwal

1695.71 -35.05 -2.03%

54071

Bought today

83300

Sold today

0.62%

User holding

video of the day

Add cyclicals, banks on positive poll outcome: UBS

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.