Dec 24, 2012, 11.23 AM IST | Source: CNBC-TV18

Short BHEL, L&T: Hemant Thukral

Short BHEL and Larsen and Toubro (L&T), says Hemant Thukral of Aditya Birla Money

Hemant Thukral

National Head- Derivative Desk

Expertise : F&O

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Short BHEL and Larsen and Toubro (L&T), says Hemant Thukral of Aditya Birla Money

Thukral told CNBC-TV18, "If you check about the shorting candidates, I am worried about the capital goods side of the market business whether we are talking about largecaps like BHEL or Larsen and Toubro or whether we are talking about midcaps like Punj Lloyd or Voltas because the way the rolls positions are happening the cost is coming down."

He further added, "I am not bothered about the profit taking that we have seen on Friday. So it is telling that going forward also these stocks may continue to underperform. So I will be seller on rise for these capital goods as a sector as a whole with top pick in shorting like BHEL and L&T."

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