Manoj Murlidharan Vayalar, IIFL PReMIA is upbeat on Cairn India, Tata Power.
Murlidharan told CNBC-TV18, “Looking into the broader market, apart from the Nifty index, I feel there are couple of stocks. But now the rationale for the analysis goes into value of risk. The way the accumulated delivery is happening."
He further added, “I feel there are two stocks which can be good even for the month of February. So we like Cairn India - that is one stock which has a possibility of a 10-15 percent maybe in the next 40-50 trading sessions. So that is one stock we are positive on. Second would be Tata Power. We feel these are the two scrips that can give you a good positive alpha at least in the month of February as well. Apart from the index, I feel these are the two stocks we will be investing in at least in the 10-15 percent move.”