Avoid Reliance Capital and Reliance Communications: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about ADAG stocks.

What is the call on ADAG names, Reliance Capital, Reliance Communications?

With the kind of news flow that is going around, you have no reason to be in ADAG. There are enough problems in this market even without getting into controversial stocks. If you get into them, something happens during the day at any time, will be down 8-10% in a flash. So be extremely careful of these stocks because whenever some adverse news flow is there, you will not get an exit that you are getting right now.