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HDFC, HDFC Bank should outperform Nifty: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that HDFC and HDFc bank should outperform Nifty.

September 22, 2016 / 11:58 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "My inclination remains towards private sector banks and the best private sector banks are going to do very well." "Tata Steel is the best of the metal lot. Hindalco’s sharp rally has told us that a consolidation is most likely while Tata Steel is giving the sense that a much higher level is coming. A bullish pattern is now in place, so I would go for Tata Steel and second will be Jindal Steel & Power," he said."HDFC and HDFC Bank are my favourites in this current uptrend. If you are looking at individual stocks, you can look at any of the two, HDFC or HDFC Bank and it should outperform the Nifty."

first published: Sep 22, 2016 11:58 am

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