Satish Betadpur IIR Group, PLC is of the view that one can hold NTPC with long term perspective.
Betadpur told CNBC-TV18, "NTPC is a good stock to hold from a long term perspective. Short term pressures are there in this stock as we all know because of the FPO and how badly its been marketed and sold, but one thing is going to be that this is a large index stock and therefore people who have shorted this stock will come back to this stock and at some point or another, large institutions have shorted the stock will come back. There is support for this stock at lower levels, so it's a better stock to hold in the power sector than any of the new listing. There is good valuation support and it will do well over the long haul but short term maybe bit volatile."
