Sell L&T Finance Holdings: Manish Hathiramani

Manish Hathiramani Of Deen Dayal Investments told CNBC-TV18, "One can sell L&T Finance Holdings for a target of Rs 55 with a stoploss of Rs 72. The stock was rangebound first between Rs 65 and 72 and we have actually managed to break the lower end of this range. It has a support around the Rs 61 but if the market continues to fall we can slide further from there down to Rs 55."

At 15:16 hrs L&T Finance Holdings was quoting at Rs 64.95, down Rs 1.10, or 1.67 percent. It has touched an intraday high of Rs 66.45 and an intraday low of Rs 62.85.