Buy Hindalco and Tata Steel on correction, says Shardul Kulkarni, Angel Broking.
Kulkarni told CNBC-TV18, "We do like Hindalco as well as Tata Steel but we are recommending that trader should buy at lower levels. We already recommended stocks like Tata Steel at Rs 375-380, now the stock is up at Rs 430 and you are still seeing that there is even further momentum which is seen in the stock price."
He further added, "We feel that you should be buying at lower levels, let the stock give you a healthy correction. After the correction one can buy but not at the current prices. Metals and infrastructure are two sectors wherein we feel that if the market goes lower these are two sectors that you should be buying into."
