HomeNewsBusinessSell Arvind, Torrent Pharma; buy L&T, Asian Paints, Hero Moto: Sudarshan Sukhani

Sell Arvind, Torrent Pharma; buy L&T, Asian Paints, Hero Moto: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may sell Arvind and Torrent Pharmaceuticals and can buy Larsen & Toubro, Asian Paints and Hero MotoCorp.

June 08, 2017 / 11:55 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The two stocks for short selling are Arvind which is now breaking down. It is going into a correction. There is a tradable correction on the downside. Pharma stocks rally and the rally almost is fizzling out, so in Torrent Pharmaceuticals there is more downside after it faced resistance."

"Larsen & Toubro (L&T) from the infrastructure pack is a buying opportunity and that applies to most infra stocks. Consider buying L&T."

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"The FMCG sector is a buy and I have selected Asian Paints. It's one of the many which one could look at in the FMCG pack," he said.

"Hero MotoCorp is the choice for the day. Broadly the theme is to be on the long side."