See upside in Cipla, says Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Cipla has been a favourite. It has run up, it has come to Rs 500 and that was our target. It was in a trading range for four-five days given the upbeat nature of this market and its focus on the defensives."

"I think there is more upside here. Cipla is the highest risk and highest reward stock," he added.