Avoid sugar stocks: Ashwani Gujral

If inflation is high, sugar cos are not going to be allowed to sell at the maximum realisable price.

| Jan 19, 2011, 05.41 PM IST

ET Now spoke to Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, on his view on sugar space.

How would you look at sugar stocks right now?

Clearly I would avoid the sugar space because if inflation is high, they are not going to be allowed to sell at the maximum realisable price and they will be susceptible to news flow.

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