Gaurang Shah of Geojit Financial Services told CNBC-TV18, "From Rs 200 plus levels on Jaiprakash Associates if I am not mistaken, you have seen a level of single digit, Rs 7 and from Rs 7 to Rs 30. It is prudent to be a little bit disciplined, you should know what you are doing before you get committed to the stock market."
"At current levels or these levels, again no specific coverage but history is there, it is highly avoidable. If you want to make a switch from a long term point of view, PNC Infra is the stock that I would recommend," he added.
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