Remain invested in Tata Steel, target Rs 550: Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "My advice would be to hold Tata Steel. The results coming out today, but my overall feeling on the sector is that global cues seem to be supporting as well as domestically there have been some moves that support steel as a sector and I think both play out in favour of Tata Steel going ahead."

"One could look at a target of closer to Rs 550 or so and maybe at that price one can revisit the stock and take a call because commodity stocks do follow a cycle. However, I do think that there is still more upside left in Tata Steel," she added.