Joshi told CNBC-TV18, "I would think it is a good time to enter now. For instance not just the auto ancillary play but even within the auto play if you were to look at Bajaj Auto , Tata Motors at this price, you could see an upside. In the ancillary space certainly, Exide is one stock that I like. Some of the other plays are also beginning to look interesting like a Sona Koyo or even an Amtek Auto going forward."