Sell DLF, says Sanjay Vaid

Sell DLF, says Sanjay Vaid of SBI Capital Securities.

Vaid told CNBC-TV18, "We are recommending a sell on DLF. The stock had seen huge shorts of almost 86% rolled for the current series. Apart from this the cost of carry has also turned negative after quite some time which clearly shows huge amount of stocks, this shows huge amount of shorts getting rolled over.