HomeNewsBusinessTechnicalsStay out of Nifty, be stock specific: Sudarshan Sukhani

Stay out of Nifty, be stock specific: Sudarshan Sukhani

Yesterday was a lacklustre session for the Indian market with the Nifty closing at 4,750. Sudarshan Sukhani of s2analytics.com says, the Nifty is in a narrow range of 4,690-4,750. He advises investors to be stock specific.

December 28, 2011 / 11:51 IST
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Yesterday was a lacklustre session for the Indian market with the Nifty closing at 4,750. Sudarshan Sukhani of s2analytics.com says, the Nifty is in a narrow range of 4,690-4,750. 

Inside the range, he says, there is no trade, but the trade could come anytime, when the market breaks out or breaks down. "We have to be patient for that. Meanwhile, we look at stocks," he adds.  He is bullish on Bata, ACC and Hero Motocorp. Also read: Expect FMCG, cement and IT to outperform, says Anand Rathi Fin Below is the edited transcript of his interview with CNBC-TV18's Mitali Mukherjee and Sonia Shenoy. Also watch the accompanying videos. Q: It is a very flat run for the index. Is it best to stay out of that for a while and look at stock specific opportunities? A: Yes, that
first published: Dec 28, 2011 08:25 am

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