The latest analysis and commentary by stock market guru Sudarshan Sukhani on what is moving the markets today.
He also spoke at length on Colgate-Palmolive, Engineers India, Godrej Industries, Wockhardt, Zee Entertainment Enterprises, Reliance Industries, Tata Consultancy Services, Hindustan Unilever, Gruh Finance, Dalmia Bharat.
Talking about his picks Sudarshan Sukhani said, “Largecap stocks are offering opportunities today that is surprising because they were all laid back yesterday. We have Reliance Industries where there are gains in the morning and the chances are that these gains will eventually continue by the afternoon again so that is a buy. Tata Consultancy Services (TCS) is a buy it had two bad days now thanks to Infosys, TCS should see much better days in the next few sessions and finally Hindustan Unilever (HUL) is a buy.”
He also said, “Colgate-Palmolive is a buying opportunity, it has been outperforming and is likely to outperform. Engineers India is a buy. I have spoken about how it made a bullish head and shoulder broke out that target is still coming and the stock is rising steadily. It is a buying opportunity. Godrej Industries is a now a buy and that is a stock that is again part of the larger FMCG consumer group.”
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