Avoid Reliance Industrial Infra in day trade: Ashwani Gujral

For day traders, for retail investors does it make sense for them to buy Reliance Industrial Infra?

Ashwani Gujral: Given the state of the market, it probably does not make sense but yesterday’s rally could continue for another 1 or 2 days because of the impact of the news of Reliance and because the stocks are ancillary stocks to Reliance. So you could have made the another 5% to 8% but it seems very difficult to see that market will break down below 5400 and RIIL will start moving higher but if the market stabilises, these stocks could move higher.