ITC may slip 7-8%:, says Rahul Mohindar, Director, viratechindia.com.
Mohindar told CNBC-TV18, "I think in the near-term ITC might see a bit of a move down. You might see another 7-8% down on the stock and I think it's really immediate and news driven so one really can't get too predictive in the short-term here."
He further added, "My sense is that the overall market will tend to outperform ITC which probably had its good couple of weeks earlier on. So I think whilst ITC performed earlier and the others didn't I think probably we are just kind of turning circles here."
