Technical Analyst, Vijay Bhambwani is of the view that Tata Motors and Maruti Suzuki both these counters might just underperform the markets by a margin.

Bhambwani told CNBC-TV18, "Tata Motors and Maruti Suzuki are both witnessing some amount pressure because these are two counters which were really outperforming the markets by a very wide margins and that is where logically the selling would come. Its bulls actually surrendering there positions and bears are come out with daggers drawn. In the absolute short-term, I think both these counters might just underperform the markets by a margin."