Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bajaj Auto had a vertical rally and that is okay. We were upbeat and it came in our buy list. What happened in it was that suddenly that rally stopped, probably because of the Nifty. But it started a V-shaped decline. Some of the good stocks have stalled. They have not fallen but this one started a decline. It becomes at least a short term sell."
At 10:23 hrs Bajaj Auto was quoting at Rs 2,214.00, up Rs 14.65, or 0.67 percent.
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