Remain away from Vedanta, consider Hindustan Zinc, advises market expert SP Tulsian

Market expert SP Tulsian has advised to remain away from Vedanta and consider Hindustan Zinc.

“The advice would be to remain away and look more at the Hindustan Zinc. Zinc prices seem to be at a two-week low but they quickly bounce back as well. So instead of taking a call on Vedanta in the non-ferrous and if you want to take on the natural resources, probably Hindustan Zinc if it corrects further by about couple of percentage - that makes a good entry point instead of Vedanta,” said Tulsian, in an interview with CNBC-TV18 on Thursday.

Besides, he spoke at length on stocks like Ujjivan Financial Services, CG Power, Industrial Solutions and Exide Industries.