Buy IVRCL, IDFC: Sudarshan Sukhani

Buy IVRCL and IDFC at current levels, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, “The midcap infrastructure, the high beta sectors IVRCL Infra, even IDFC then Lanco all of these are attractive for traders. I think we should be buying them. Then you talk about the largecap ones BHEL, L&T and so on.”
He further added, “There is a lot of buying opportunity here infact while the market is focused on Reliance and it is difficult to buy Reliance after 6% gain, these are the ones that can significantly outperform the broad market in the next few days. There is something else, this market not only has proved that it can go up without any news; it has done it many times. In 2008, it went up from 5,000 to 6,300 on the back of extremely weakening fundamentals. So sometimes these divergences can happen.”