NTPC may under perform overall market: Madan

Ashu Madan, President - Core Client Group, Religare Securities Ltd is of the view that NTPC may under perform overall market.

Madan told CNBC-TV18, "If somebody has to be in the stock there are other stocks which can obviously in line with the market which can perform better and NTPC will certainly under perform the overall market also. I don't see any excitement in the stock that why one should be in. If somebody wants to be in the market there are better sector or stocks available."