Sukhani upbeat on NBFCs

Sudarshan Sukhani of s2analytics.com is upbeat on NBFCs.

Sukhani told CNBC-TV18, "Power Finance Corporation, Rural Electrification Corporation, I classify them as finance companies or non bank financial companies (NBFC) in some way or the other. The answer is yes, this certainly includes both of them, you actually have to buy only one. REC is probably the preferred choice. Just a little difference, but it does not include power companies. Power companies showed some promise, have literally collapsed again in terms of price action. But NBFCs remains a favourite area.”