Buy Interglobe Aviation, Tata Motors, Kotak Mahindra Bank: Rahul Shah

Rahul Shah of Motilal Oswal told CNBC-TV18, "We have seen aviation as a sector which has done quite well in last week. So, I think our top pick from that space remains Interglobe Aviation. I think that stock has consolidated for quite some time and got into a new territory. So, I would still buy Interglobe Aviation at this level with a stop loss of Rs 1,085 and target of Rs 1,160."

"Second, interestingly we have seen one stock just languishing around for quite some time is Tata Motors in the automobile space. So, I think the risk to reward ratio could be favourable just buying it with a stop loss of Rs 437 and stock can go to Rs 460 levels or so. So, I would buy Tata Motors with a small stop loss," he said.

"All private financials are looking quite good, IndusInd Bank, Kotak Mahindra Bank and HDFC Bank. So, I feel in that space, Kotak Mahindra Bank looks interesting. We have seen some longs added and technically also the stock has done quite well. So, my sense is one should go long in Kotak with a stop loss of Rs 872 and target of Rs 910."