Exit Videocon, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Videocon has been a very disappointing chart and the stock is prone to violent movements, the management has never rewarded shareholders. All said and done there are so many better opportunities in the market. Get out of it. There are better opportunities, go for private sector, public sector banks; two names I keep on saying, ICICI Bank and State Bank of India. You buy Infosys and TCS, they are much better to invest in than Videocon."

At 12:16 hrs Tata Consultancy Services was quoting at Rs 2,506.20, down Rs 25.70, or 1.02 percent. It has touched an intraday high of Rs 2,552.70 and an intraday low of Rs 2,504.25.