Buy Reliance Industries at Rs 700: Sukhani

Sukhani told CNBC-TV18, “Reliance Industries is going to be an underperformer. But one can buy the stock at around Rs 700 because the bounce to Rs 750 can come anytime. So I am not as disappointed as the market is. We are looking at this as a buying opportunity."

He further added, "TCS is almost certainly a buy, there is no question. These small random moves will come, but it’s a blue chip stock. It’s outperforming and at some point when it stops its decline we want to buy TCS.”