Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "There is a short-term sell in Tata Global Beverage. At some point, it stops falling then it has small rallies and then it is in a sideways range. Currently, there is a short-term sell and because we couldn’t find any decent sells in the Nifty itself, so we had to go to lot of midcaps."
At 10:21 hrs Tata Global Beverage was quoting at Rs 141.90, down Rs 0.50, or 0.35 percent. It has touched a 52-week low of Rs 140.50.
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