L&T looks weak, says Hemant Thukral

Larsen and Toubro (L&T) is looking weak, says Hemant Thukral, Head, Derivatives Research, SBI Capital Securities.

September 29, 2011 / 09:56 IST

Larsen and Toubro (L&T) is looking weak, says Hemant Thukral, Head, Derivatives Research, SBI Capital Securities.

Thukral told CNBC-TV18, "I think the maximum worrisome sector is metals. The way the metals have behaved in last series again they were already battered down and the way the shorts have been rolled to the next series whether you take Hindalco, JSW Steel, Tata Steel, Sesa Goa, things do not look at all good for the metal sector as a whole."

He further added, "You have something like L&T which looks absolutely weak, it

first published: Sep 29, 2011 09:54 am

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L&T looks weak, says Hemant Thukral

Larsen and Toubro (L&T) is looking weak, says Hemant Thukral, Head, Derivatives Research, SBI Capital Securities.

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