Buy Maruti Suzuki, short M&M: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I have a buy on Maruti Suzuki, it is a buying opportunity. Perhaps the auto Index or the auto sector has not given us the same signs of life that banks and pharma are doing. It could do it tomorrow but Maruti is a buy."

"Mahindra and Mahindra (M&M) had a lower low on Thursday; it is on the verge of a breakdown. Now if the markets decide to stabilise that may not happen. However, as of now the trade is to go short," he said.