Sandeep Singal of Emkay Global Financial Services told CNBC-TV18, "We are overweight on pharmaceutical stocks like Dr Reddys Laboratories, Sun Pharmaceutical Industries and Lupin. So, from a short-term perspective if someone really wants to buy we would advice buying Amara Raja Batteries."
"Given the valuation one can buy Dr Reddys Labs. Motherson Sumi Systems is another stock in auto space one can look to buy," he said.
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