Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "LIC Housing Finance is breaking each and every support level and is now promising a downside target of Rs 214 even Rs 212 or Rs 210 for short-term traders. There is more downside here. It would be a short sell."
"A lot of NBFCs, for example Shriram Transport Finance Corporation, SREI Infrastructure Finance have broken down," Sukhani said. Also Read: No preferences, no govt say in issue of bank licences: FM
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