Sell BOI on rally, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "It is easier to say that most PSU banks except for Bank of Baroda (BoB), Canara Bank and State Bank of India (SBI) are attractive. These three names are shorting ideas. Bank of India (BOI) as we speak is a short sell. It is having a minor intraday rally and any rally in BOI should be sold into."

At 10:46 hrs Bank Of India was quoting at Rs 224.60, down Rs 4.95, or 2.16 percent. It has touched an intraday high of Rs 229 and an intraday low of Rs 223.30.