Sudarshan Sukhani of s2analytics.com is upbeat on PFC and REC.
Sukhani told CNBC-TV18, “PFC, a lot more upside, at Rs 220-222, Power Finance Corporation (PFC) is just beginning an upmove and so is the case with Rural Electrification Corporation (REC). Both these stocks have started on their bull markets and they belong to the Non Banking Financial Companies (NBFC) category I am fairly upbeat on.”
He further added, “The sector is good. The stocks are good. For anyone willing to take a position trade this is a good time to enter it. I am not talking about a day trade here because the day trade depends on what the Nifty does.”
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