Book profits for Gati: Rajat Bose

In a chat with ET Now, Rajat Bose, rajatkbose.com, shares his views on various stocks.

ET Now: What is your call on Gati?

Rajat Bose: Gati is a classic case of buy on rumour and sell on news. The news had come into the market about Gati that Kintetsu is investing in it or the positive news that the market was anticipating.

For this reason, the movement from below 35 to about 45 has already happened and now it is falling. So, this suggests that the rumour is already factored in and people are now booking profits.