Prefer SKS Micro: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "SKS Microfinance is one of my favourite stocks but that doesn’t mean much because it fell on news so badly. The stock has taken almost two months to recover from that decline. Markets fall faster and easier and then the recoveries are much more time consuming; that is the general principle. It has come back to where it fell from; it is now making higher highs, higher lows."

"It is a good day trade; it is something you might want to carry assuming that the Nifty rally continues for some time. Till it continues all the three stocks, SKS Mircofinance, Tata Steel and Sun Pharmaceutical are worth carrying into," he added.