Find better options available in this market: Sonam Udasi

"If the market does rally and there is a trading bounce, you may find like what an Opto Circuits is doing today, it is quite possible that it may happen to even Delta Corp."

ET Now: My question was specifically for Delta Corp, for somebody who has it in the portfolio, would you recommend getting out of it?

Sonam Udasi: My suggestion would be that despite knowing that if the market does rally and there is a trading bounce, you may find like what an Opto Circuits is doing today, it is quite possible that it may happen to even Delta Corp. See the reason why these stocks are falling is that some investors have lost faith either in the strategy or in the numbers and there is a question mark there. Once you have these seeds of doubt, it is very difficult to get it back in the investors mindset so my advice would be to just clean up your position, this has happened even with stock like CEBBCO when stock had halved to 50, the same question was posed and the same answer. See you may find trading bounces in these, now a seed of doubt has been sown in all these counters so you may have a bounce back, my only suggestion is you may find better options available in this market.

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