Go short on United Spirits: Deepak Mohoni

"Gitanjali Gems had been fairly strong but it is clearly reacting to this news. No stock is ever taken kindly to news of rates and the impact does last a few days."

Deepak Mohoni, Director, trendwatchindia.com, talks to ET Now on Gitanjali Gems.

What is the call on Gitanjali Gems?

This stock had been fairly strong but it is clearly reacting to this news. No stock is ever taken kindly to news of rates and the impact does last a few days. So, if unless the news proves to be not correct which I doubt, the impact could be a little severe on this stock.
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