SP Tulsian positive on MCX India

Tulsian told CNBC-TV18, “MCX India, the only reason which can be attributed is because of the value buying. In fact with financial technology, I don't think that - it is other way that if the MCX post better results than Financial Technology will perform well, but Financial Technology having posted good numbers and the kind of beating we have seen in the share price of MCX probably the value buying is returning back into the stock but yes looking to the results of financial technology I am keeping a positive view on that stock.”

He further added, “ Suzlon Energy , I don’t know the reason of fall today because if you see, the results came two, three days back and we have seen the effect of that. So probably now the market has started taking a call on their FCCB liability which is falling due in the middle of June where the company has said that they will be seeking for a short extension from the bond holders but except for that I don’t know whether any fresh negative has come in for the company but definitely doesn’t qualify for selling at these levels because at sub Rs 18 I don’t think that the fundamentals really are so bad that it justifies or one can even take a trading short call on the stock.”