Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The buys are from three sectors that I think should remain cheerful. The first is TVS Motor from the auto space. All autos are now doing well. This is a short term view that for the next few days the market should remain cheerful. The intermediate trend is not yet well defined, so TVS Motor and then pharma where a rally seems to be in the offing."
"Lupin comes from the pharma sector and Hexaware Technologies from IT. So, buying TVS Motor, Lupin and Hexaware and I am also considering a short sell in IRB Infrastructure which has been in a bear market. Godrej Consumer Products part of that group and Dabur India and Marico all of which are under some pressure,"he said.