Bharti Airtel is likely to outperform, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, “Telecom stocks are likely to outperform within that constraint because if the Nifty falls these heavyweights won’t go their own way. But the slightest signs of stability should take us to the telecom stocks starting with Bharti Airtel, Idea Cellular and Reliance Communications in that order.”
He further added, “All the stocks that we have discussed in the Nifty Bharti Airtel is one of the likely outperformers so for a position trader at current levels following a sharp correction Bharti is a buying opportunity, not for short-term traders because short-term trading is different but for someone willing to carry positions for a few months the current prices deserve attention.”
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