Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The markets are having an intraday rally. Sometimes we can have an intraday up move and a larger downtrend which is what is happening. So today for the short, for the day trader, I have two buy ideas. One is Infosys. In the morning also I had suggested that largecap IT stocks will outperform and we should be buying them. That theme continues in the midday. So Infosys is a buying opportunity. This is just intraday."
"DLF which is bouncing back from the lows is also a buy. Again intraday only."
"One short sell idea is Engineers India (EIL). It has been cracking, but please keep your trades only till the end of the day. Except for the index do not carry anything else forward."
"Dabur India in the next three to six months should see an increase in prices. So my suggestion would be hold on to this, keep it as a long term investment. Even after six months you should be a winner here."
"My view on LIC Housing Finance is fairly bearish. So for the next three to six months, I do not see any significant price gains. Prices will remain subdued."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!