Cipla may see some demand coming back into its stock: Deepak Mohoni, trendwatchindia.com

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Cipla.

What is your take on Cipla?

Cipla is a defensive. It has got that slight negative news and has fallen but I would suspect that it probably would not be hurt as much as most other stocks. Even though Cipla - and earlier Sun Pharma - had fallen quite a bit, chances are we will see some demand coming back into them because of the market conditions. They are seen as a little bit of safe haven kind of stocks.