Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Idea Cellular is one of the few stocks that is distinctly outperforming the Nifty and is not falling on the face of a 600 point decline in the Nifty. It went through a mild correction and then through a trading range. This is on the assumption that the Nifty could be mildly cheerful today or even choppy."
"Idea should be an outperformer, so we want to stay with strength. However, buy now, it has got strong support at Rs 150. Hopefully it will hold and a rally or even an intraday move should see it go higher," he adds.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!
