NMDC positional buy, stay with Dr Reddy's Labs: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "NMDC and UltraTech Cement are buys, NMDC is a positional buy. The worst probably is over for it. I hope so because I thought that the worst is over for Dr Reddy's Laboratories and see what it did. With that caveat you put NMDC in your portfolio." "For the trader you should have exited day before in Dr Reddy's Labs when it started falling first. For the investor you are with it. The investor cannot exit prior to results every three months. So, I think we are probably come at the low point of the decline may be a 100 to 200 points lower but that is it stay with the stock," he added.