Look for shorting opportunities in Exide, Tata Steel, IT sector: Jai Bala

Markets failed to hold gains on Friday with financials being the biggest drag. The Nifty and the Sensex snapped their two week gaining streak to end in the red. Except for energy all sectoral indices ended lower. In an interview to CNBC-TV18, Sunil Singhania, Founder of Abakkus Asset Management and Jai Bala, CMT at cashthechaos.com, shared their reading and outlook on specific stocks, sectors and markets.