The latest analysis and commentary by stock market guru Sudarshan Sukhani on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Can Fin Homes, Divis Laboratories, Aurobindo Pharma, Ceat, Mahindra and Mahindra, Jet Airways, Infosys.
Speaking about the individual stock ideas, Sukhani said, “Can Fin Homes has been an outperformer in the housing finance sector. It has also bottomed out and is doing well. That is a buy for the day. Pharmaceutical has turned well yesterday and I think that will continue today. I have Divis Laboratories and Aurobindo Pharma, both from the same segment as buying ideas for the day.”
“Two short sells, one is Ceat. Ceat and Apollo Tyres both are in a down swing but Ceat is the choice for the day. Mahindra and Mahindra (M&M) which is an intraday short, has significant resistance. While it would be a buy at some point, there are much lower levels coming,” he added.
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