Dec 15, 2012, 01.51 PM | Source: CNBC-TV18
Buy LIC Housing Finance, says Sudarshan Sukhani, s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
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."
According to Rajat Bose of rajatkbose.com, one can
Madhu Kela of Reliance Capital has a cautious view
Ashwani Gujral of ashwanigujral.com is of the view