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Last Updated : Mar 26, 2018 11:46 AM IST | Source: CNBC-TV18

Sell PNB, Capital First; buy Mindtree, Colgate, Titan: Sudarshan Sukhani

Sudarshan Sukhani of is of the view that one can sell PNB and Capital First and can buy Mindtree, Colgate Palmolive and Titan Company.

CNBC TV18 @moneycontrolcom

Sudarshan Sukhani of told CNBC-TV18, "I have a short trades in NBFCs and PSU banks. Punjab National Bank (PNB) as usual is a short sell. PSU banks are not going to stop falling. They will have relief rallies and probably go lower again."

"Capital First is also a short sell. It is part of the NBFC group which is likely to be a significant underperformer in this market. Colgate Palmolive is a buy; it is part of the FMCG group."

"Titan Company which by itself has been an outperformer, is a buying opportunity, and also Mindtree from the midcap space. These are the themes for April, IT, pharmaceutical, FMCG, and independently Reliance Industries. PSU banks and NBFCs should be sold even then," he said.

Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd
First Published on Mar 26, 2018 11:36 am
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