Buy Tata Global Beverage, Mcleod Russell: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The opportunities are coming in midcaps, so we are looking at the beverage companies, including Tata Global Beverage, Mcleod Russel (India) and Tata Coffee. Among them Tata Coffee actually broke out of a consolidation and that is what may well happen with Mcleod Russell and Tata Global. So for short-term traders there is a buying opportunity in these two. Both also happen to be in the F&O segment."

At 14:55 hrs Mcleod Russel (India) was quoting at Rs 317, up Rs 1.25, or 0.40 percent. It has touched an intraday high of Rs 322 and an intraday low of Rs 314.

The share touched its 52-week high Rs 386.95 and 52-week low Rs 240.35 on 22 February, 2013 and 20 August, 2013, respectively. Currently, it is trading 18.08 percent below its 52-week high and 31.89 percent above its 52-week low. Market capitalisation stands at Rs 3,469.75 crore.