Dec 24, 2012, 11.23 AM | Source: CNBC-TV18
Short BHEL and Larsen and Toubro (L&T), says Hemant Thukral of Aditya Birla Money
Hemant Thukral (more)
National Head- Derivative Desk, | Capital Expertise: F&O
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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