RIL, HDFC twins can lead market higher; like Man Infra, Pressman Advertising: Irani

Mehraboon Irani, Independent Market Expert told CNBC-TV18, "As far as overall market goes, my view remains the same that the market will continue to surprise us on the upside. It is Reliance Industries and the HDFC twins which could lead the market up further because I personally believe the move for them is still not over."

"Coming back to the midcaps, yes, we are looking at certain pockets in a positive way. I still believe this is a market for stock pickers. Among the stocks which we like is the infrastructure stock, Man Infra. At Rs 64-66, I have a target of around Rs 100 for this stock over the next one year with a clear disclosure," he added.

"Another company which we like is a little bit of a smallcap which I believe will come up with decent numbers over the next two-four quarters; it is a company called Pressman Advertising which at the present price I believe has steam in it to go up at least 30-40 percent from here over the next one to three quarters and is the only advertising company listed in the market and it is a debt free company always."

"So, two of my picks are Man Infrastructure and Pressman Advertising with clear disclosure, holding it for our clients, personally also holding it."