Stay invested in Monnet Ispat, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may stay invetsed in Monnet Ispat.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "If you are a long-term investor you stay invested in Monnet Ispat  and hope for the best. If you have the courage you get out of the stock now and move into pharma, IT and banks inspite of the corrections. These are the sectors that will do much better in the next two years."

At 12:19 hrs Monnet Ispat was quoting at Rs 65.90, up Rs 2.20, or 3.45 percent. It has touched an intraday high of Rs 67.40 and an intraday low of Rs 63.60.

Disclosure: Analyst does not have positions in the stock.

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