NHPC may move to Rs 33-34: Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "NHPC - I think that power as a sector has been one of the sectors with the biggest set of problems which somehow don’t seem to be going anywhere. So one could switch to another stock or another sector altogether. From price perspective it is okay if you hold on to NHPC, perhaps you could see levels of Rs 33-34. However, I would in such a market switch to a completely different sector."

The share touched its 52-week high Rs 34.50 and 52-week low Rs 25.60 on 22 June, 2017 and 27 December, 2016, respectively.

Currently, it is trading 19.28 percent below its 52-week high and 8.79 percent above its 52-week low.