Buy LIC Housing Finance, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "LIC Housing Finance is a long time favourite, non-banking financial companies (NBFCs) will do wonders. We are just starting that process. There was a small correction and that correction is over. Buy LIC Housing, you cannot go wrong buying banks and NBFCs. Even if you buy at a high price, stay, the next rally will take you up."

At 09:47 hrs LIC Housing Finance was quoting at Rs 418 up Rs 3.35, or 0.81 percent. It has touched an intraday high of Rs 419.10 and an intraday low of Rs 415.70.