Stay invested in Jaiprakash Associates: Shahina Mukadam

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "One should hang in, in JP Associates. Having suffered so much of a loss, I think now things are looking better than what they were over the last almost two years. There seems to be some resolution, as you know, you have been talking about it throughout the day in terms of debt resolution which is on the cards."

"Also the balance debt, if at all their land bank could help repay that and plus leave some surplus, that would be a positive. So, I would continue holding, maybe keep a stoploss of Rs 18," she added.