Sell Arvind, advises Meghana Malkan

Meghana Malkan of malkansview.com told CNBC-TV18, "I have recommended a sell on Arvind because the stock is holding on to Rs 270 levels for quite sometime. It is attempting now to break and go beyond that level. I have recommended a sell on Arvind with a stoploss of Rs 268 and I would expect a target of Rs 235."

At 15:29 hrs Arvind was quoting at Rs 256.60, down Rs 9.40, or 3.53 percent. It has touched an intraday high of Rs 266.50 and an intraday low of Rs 255.70.