Prefer Shriram Transport Finance: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There is a positional trade in Shriram Transport Finance. It is not one of the losers in the sense it is already showing lot of strength and that is good news there is no harm in going and buying strong stocks. The other is LIC Housing Finance; now we are talking about positional buy. That is a stock that had a decent correction, has completed its down move and is going towards life time high today."

At 11:07 hrs Shriram Transport Finance Corporation was quoting at Rs 1,111, up Rs 19.35, or 1.77 percent.

The share touched its 52-week high Rs 1,222.40 and 52-week low Rs 550 on 05 December, 2014 and 18 February, 2014, respectively.