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Jul 31, 2012, 02.19 PM IST
Sudarshan Sukhani of s2analytics.com view on infrastructure stocks.
Sudarshan Sukhani of s2analytics.com view on infrastructure stocks.
Sukhani told CNBC-TV18, “We need to differentiate between infrastructure stocks just as we have been doing that for the banks. There are some stocks that are distinctly weak, e.g. GMR Infra , even Suzlon Energy , although it’s not exactly infrastructure but it comes in the same high-beta zone or HCC , NCC both the construction companies. These are breaching support levels and professional traders could look to short them. But there are stocks like IVRCL, IRB Infra or even IDFC which should not be sold into, at least not right now.”
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