According to Sudarshan Sukhani of s2analytics.com, Bajaj Hindusthan, Balrampur Chini and Rallis India are worth looking into. He advised holding these stocks.
Sukhani told CNBC-TV18, “Sugar sector has been slipping. That is showing signs of life and that seems to be suggesting – some of them are no longer in the F&O, Bajaj Hindusthan or Balrampur Chini Mills, which was a suggested stock, even Rallis India; these are stocks you hold for a few days. It is not an intraday trade but if you are prepared to take delivery and hold, they are worth looking into.” Bajaj Hindusthan gained 1.5 percent to Rs 20.55 and Balrampur Chini Mills rallied 2.19 percent to close at Rs 51.35 on Bombay Stock Exchange. Disclaimer: He does not have any positions.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!