Buy IDFC on dips, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "IDFC has already seen a rally, that rally saw a small correction and that correction may be getting over. It is a buy on dips opportunity, this whole theory of NBFC and PSUs rest on the IIP and consumer price numbers."

At 12:09 hrs IDFC was quoting at Rs 158.25, up Rs 3.30, or 2.13 percent. It has touched an intraday high of Rs 158.35 and an intraday low of Rs 154.95.