HomeNewsBusinessSell Torrent Pharma, IGL, Bank of Baroda: Sudarshan Sukhani

Sell Torrent Pharma, IGL, Bank of Baroda: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends selling Torrent Pharma, IGL and Bank of Baroda.

May 23, 2017 / 13:04 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Individual stocks today unfortunately are mostly on the sell side. So, I have three ideas, all three of them for short selling. One is Torrent Pharma, part of the pharmaceutical pack which is cracking. Torrent itself is suggesting that maybe lower levels and lower price is coming."

"The second is IGL. The stock fortunately is in a sector which is strong. It is just going through a normal correction, but that correction on the downside is tradeable. IGL is also a short sell for the day."

Story continues below Advertisement

"The third short sell is Bank of Baroda (BoB). I am downbeat on PSU banks, so, the sector is weak and the bank itself is going down with the sector."

"So three ideas for short selling, investors should simply step aside."

first published: May 23, 2017 12:31 pm

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!