HomeNewsBusinessStocksBuy SBI, Voltas, Apollo Tyres; avoid ITC: Sudarshan Sukhani

Buy SBI, Voltas, Apollo Tyres; avoid ITC: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying State Bank of India and feels that Voltas and Apollo Tyres are opportunities. "One can avoid ITC," he adds.

May 25, 2015 / 12:13 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Technically ITC is very weak. It has not come in our buy or sell list. It is a stock that is best avoided. State Bank of India (SBI) will mimic and follow the broad market which is the Nifty. As of now this decline in SBI is a buying opportunity."

"I am looking at Apollo Tyres and that forms part of the entire tyre group which seems to be getting ready for some kind of a minor upmove. So Apollo Tyres is an opportunity," he said.

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"Voltas is a buying opportunity, every dip in Voltas is, but there is a larger picture. We have 8,350 as a benchmark for the Nifty and below this benchmark intraday also, all the opportunities that we are talking about will have to be left alone. So Nifty is also important for midcaps," he added.

first published: May 25, 2015 12:09 pm

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