Buy Adani Ports, Asian Paints, hold Punj Lloyd, Escorts; sell Apollo Tyres: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There is a focus on financials which is that non-banking financial companies. They are short sells and private banks are buying opportunities. So there is a divergence and we have to separate them and say private banks are buy on dips, buy on intraday rallies, and NBFCs are essentially short sells for the intraday."

"It is a very indifferent market, so, frankly there is not much of midcap trades available today. It is a rare day when this happens but today is one of those rare days. However, for whatever it is worth, we have Adani Ports and Asian Paints as buying opportunities. I must warn that the markets are fairly choppy and expectations should be kept low," he said.

"We have Apollo Tyres which is a short sell. All short selling should be done only on an intraday basis."

"Infrastructure and construction companies are coming out of that big bear market and Punj Lloyd is no exception. It is building a base and it is quite possible that the base can break out. It is advised to hold and look for a target of Rs 29-30. At some point around these targets, one should also plan to exit; don’t make it into a very long term investment. However, there is a rally, the prospects of a rally at this point, so hold now."

"I think one should simply hold Escorts. Outperforming stocks remain outperformers in a bull market, Escorts is one of them. Don’t be into a rush, three years down the line you will be surprised at the price you are getting," he added.