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Buy Hexaware Tech, Godrej Consumer Products, India Cements: Sudarshan Sukhani

Sudarshan Sukhani of suggests buying Hexaware Tech, Godrej Consumer Products and India Cements.

May 15, 2017 / 02:04 PM IST

Sudarshan Sukhani of told CNBC-TV18, "Individual stocks keep on giving us opportunities, Most of these opportunities are on the buy side of the market. This is not a market where you want to go short, go and sell it and then think that we are catching a top; that is not a good idea. So, among the buying ideas, I have Hexaware Tech which has already broken out of a very attractive base. It is now gaining strength day-after-day. That is a buy."

"The second is Godrej Consumer Products. That is a stock which has been rallying. It is part of the much more popular FMCG pack."

"Third is India Cements. It is part of the cement pack where after a brief correction some of the cement stocks are doing very well. India Cements, UltraTech Cement, JK Cement, so all trades for buying and mostly midcaps," he said.

"I am very fond of Kotak Mahindra Bank, unfortunately I don’t own it in my portfolio. However, I think Kotak is going to outperform everything else and that relates to that very attractive statement made by Uday Kotak. He said that animal spirits needs to be unleashed. Now here is a bank that is willing to unleash animal spirits, you must put it in your portfolio."

"I do own ICICI Bank on my own so that is a statement that I am making. I think ICICI has a target of Rs 350 immediately and much higher levels as time goes by. However, ideally you want to own both banks as an investor."
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