Ambareesh Baliga of Karvy Stock Broking is of the view that Buy Tata Motors.

Baliga told CNBC-TV18, "Both Mahindra and Mahindra (M&M) and Tata Motors have infact moved up from their lower levels. But then looking at long-term, possibly like hold on to Mahindra and Mahindra and buy Tata Motors at these levels and also look at Maruti."