Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "We have ICICI Bank as a buying opportunity, with a disclosure that I own it as an investment."
"Earlier in the morning I said tech stocks should do well, today was a day for tech stocks, and that is exactly what is happening. Infosys is a buy."
"Divis Laboratories is a buy. Do not be on the short side today, do not try to call a top; that is not a good idea. That top will come in a couple of days."
"Interglobe Aviation independently had a good chart and thanks to the oil prices, it got a little more traction. On the other side, BPCL is also giving a sense that a short term low has been made there. So it is possible to look at these charts, co-relate with crude and say there is a buying opportunity, Interglobe Aviation and BPCL."
"I do not think PSU banks is the right place to be in. So my advice is to sell Union Bank of India, get out of PSU banks, and go for private sector banks; it is a much better proposition."
"The way forward is to get out of Cadila Healthcare, sell it. It is falling consistently and regularly. Pharmaceutical companies have so much news which we do not understand - we have a company which is actually falling and we do not know the reasons, so the best way is to get out of it. There are companies which we know about - private sector banks, largecap IT and midcap - Reliance Industries and FMCG companies, focus on that sector. So exit Cadila Healthcare, sell," he said.
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
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