Short LIC Housing Finance: Rahul Shah

Rahul Shah of Motilal Oswal told CNBC-TV18, "In the last two days there have been a sell off in the entire financial space. So I believe that LIC Housing Finance looks one of the weaker of the candidate. I would short LIC Housing Finance with a stop loss of Rs 510 with a target of Rs 460."

At 13:26 hrs LIC Housing Finance was quoting at Rs 481.60, down Rs 13.25, or 2.68 percent. It has touched an intraday high of Rs 492.70 and an intraday low of Rs 480.50.