HomeNewsBusinessStocksSee consolidation in auto space, says Sudarshan Sukhani

See consolidation in auto space, says Sudarshan Sukhani

According to Sudarshan Sukhani of s2analytics.com, auto stocks are going to go through consolidation or a slightly rough patch.

October 05, 2015 / 11:53 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Ashok Leyland had a gap up on Thursday and that is always a good sign. It gapped out of a trading range also. Apart from Ashok Leyland I would not go even for Maruti Suzuki. Autos to me are suggesting that they are going to go through a consolidation or a slightly rough patch."At 10:47 hrs Maruti Suzuki India was quoting at Rs 4,497.15, down Rs 82.70, or 1.81 percent. It has touched an intraday high of Rs 4,572 and an intraday low of Rs 4,492.20.

first published: Oct 5, 2015 10:57 am

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