Hold NTPC, says Sharmila Joshi

Joshi told CNBC-TV18, "I don’t think that this is a price to sell NTPC and I do see an upside from current levels. And when you are in markets like the kind we are witnessing now which is so volatile, I think you must have some stocks in your portfolio which provide you a buffer and which kind of hold their range and I think definitely NTPC falls in that category."

She further added, "In NTPC an upside to Rs 190-195 level is possible. So from my side it’s a definite hold. I would give it a 6-9 months kind of time horizon, so from that perspective also I think it fits in with one’s long term view but as I said a lot of things which NTPC had been building towards will happen in this year, so I would say about 6-7 months."