Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Reliance Industries, Bajaj Finance and maybe some others also like Bharat Financial Inclusion, DHFL, all of these are buying opportunities. They have gone through deep correction. Some of them have not corrected but the NBFCs were correcting. Now that entire sector is coming into play as also private banks. So, financials have gone through a sideways market and a correction and that should outperform now."
"This is really a stock pickers market. You could close your eyes among the bluechips, pick anything and it will make money hopefully. Bharat Forge is a buy today. That stock is an outperformer and it should remain an outperformer."
"M&M Financial Services was one of the NBFCs which did not correct, had a very mild nominal correction. If this market goes up and of course no one knows, I hope it does go up, there are enough signs. M&M Financial should be an outperformer again."
"Mahanagar Gas is sort of bull stock, minor correction, trading range and new highs again. Much bigger theme is do not try to go short in this market."
"Grasim Industries is not a stock that people have made money, it is not even a favourite of the market. So for retail investors there is no reason to be in this stock, absolutely no reason. Sell Grasim, there are many other opportunities which this channel keeps on talking about, but exit Grasim," he said.
"NTPC is part of the power sector which is looking up after many years. So NTPC is now probably giving us more momentum on the upside. It is a buying opportunity and so is Tata Power, Adani Power, and so is CESC. That entire sector is in momentum now. It is a good area to be in."
Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
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