Parag Doctor, head of trading strategies at Keynote Capital's told CNBC-TV18, “One should sell Lanco Infratech. It doesn’t make sense to buy these kind of stocks - midcaps and smallcaps especially in the infrastructure space at this point in time.”
“The next part of the up swing in the markets would be lead by large caps and we don’t see midcaps doing well for the next one to two years at least. It is the best to switch out of these kind of stocks and move to largcaps in infra space like Larsen and Toubro (L&T) where the returns would be much better going forward,” Doctor said.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!
