Exit Maruti Suzuki on rally: Baliga

Exit Maruti Suzuki on rally, says Ambareesh Baliga, COO of Way2wealth.

Baliga told CNBC-TV18, "We had bough Maruti on the way down. In fact discounting the initial labor issues but the way it is continuing out possibly utilize any rally, which this market gives to Maruti to exit to a large extent even at a small loss because I surely won't like to hold Maruti around the December quarter results, which I think would be pathetic because of the labor issues."