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Buy Infosys; short BPCL, M&M Financial Services: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys and can short BPCL and M&M Financial Services.

March 08, 2018 / 12:15 IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "For the day I have long and short trades both. IT is doing very well. Go long in the IT stocks where ever and whichever stock you like but for the day I have Infosys for long suggestion. You could actually buy the IT Index itself and then be on the side of all IT stocks. So for the day buy Infosys and also consider IT as a segment where you want to go long repeatedly."

"I have two short selling trades - one is BPCL, both the refinery companies are falling day after day. Something is going on there. That is a short sell, it is only intraday."

"Second is M&M Financial Services, financials are weak, we know the reasons why they are weak. There are lot of problems. But that is also an intraday trade, do not carry short positions tomorrow," he said.

CNBC-TV18
first published: Mar 8, 2018 12:15 pm

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