Stay away from M&M Financial Services: Kunal Saraogi

Kunal Saraogi of Equityrush told CNBC-TV18, "Mahindra & Mahindra Financial Services has broken down very decisively on the chart. It has got a big gap down. I would rather stay away for now at least."

At 13:40 hrs Mahindra & Mahindra Financial Services was quoting at Rs 288.50, down Rs 19.45, or 6.32 percent. It has touched an intraday high of Rs 293.45 and an intraday low of Rs 282.20.

Disclosure: Analyst does not have any positions.