Ajay Srivastava, CEO, Dimensions Corp Fin Services advises shorting NBFC stocks.
Ajay Srivastava, CEO, Dimensions Corp Fin Services told CNBC-TV18, "Sold and short the NBFC stocks, we have sold everything, we are short in some of them, overpriced in our view and this is not the time to enter. There are many other sectors that we are in for stay but this is not one of the sectors where we are positive with at this point of time. In fact we sold everything, it is mostly on short side that we are on the NBFC space today."
At 13:45 hrs Dewan Housing Finance Corporation was quoting at Rs 317.20, up Rs 12.60, or 4.14 percent on the BSE.
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First Published on Feb 17, 2017 01:53 pm