The latest analysis and commentary by stock market guru Sudarshan Sukhani on what is moving the markets today.
He shared his views and readings on IndusInd Bank, Titan Company, Siemens, Mahindra & Mahindra Financial Services, ICICI Prudential Life Insurance Company, GMR Infrastructure, Infosys.
Talking about stocks, he said, “I have IndusInd Bank as a buy today. It has built a base, broken out, significantly higher levels should be coming,”
“Titan is a buy, new highs are to be bought into. Siemens has built a base and had a nice rally, a small pause in the rally tells us it’s a small bullish flag and more upside is possible,” he added.
“I have 2 short sells, both from NBFCs; Mahindra & Mahindra Financial Services and ICICI Prudential Life Insurance Company. It’s not just these 2, any number of NBFCs have not participated in the rally and something is going on there,” he further added.
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