Moneycontrol PRO
HomeNewsBusinessStocksShort Jet Airways, PNB; buy Gail India: Sudarshan Sukhani

Short Jet Airways, PNB; buy Gail India: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com advises shorting Jet Airways and Punjab National Bank.

September 25, 2017 / 15:08 IST

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Jet Airways and Punjab National Bank (PNB) are short selling ideas and Gail India is a buy in this falling environment."

"It is too early to start selling non-banking financial companies (NBFCs). They have been the strongest but perhaps the selling will come later. I would not do anything today in them," he said.

At 10:18 hrs GAIL India was quoting at Rs 397.55, up Rs 0.40, or 0.10 percent on the BSE.

The share touched its 52-week high Rs 433.50 and 52-week low Rs 287.93 on 03 May, 2017 and 29 September, 2016, respectively.

first published: Sep 25, 2017 10:25 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347