Titan Industries may settle around Rs 224-225: SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "One can look at Titan Industries from a trading point of view because if one really sees the kind of destruction in the valuations, which we have seen happening probably will be seen some part getting recoup. But that will only be short-term view or maybe from a trading point of view one can look for a level of Rs 224-225 where it should get settled."

"But I don't think that there is any point in taking the call on any other stocks, maybe stocks like Tribhovandas Bhimji Zaveri (TBZ) is firm today. I don't think that one could look to any other jewellery stocks which maybe like Gitanjali Gems, TBZ, Shree Ganesh Jewellery and PC Jewellers. I don’t think that you have comfort on all these stocks, so better to avoid or remain away from them," Tulsian said.