SP Tulsian positive on Bajaj Finance, M&M Financial

SP Tulsian of sptulsian.com told CNBC-TV18, "I have a positive view on few non-banking financial companies (NBFCs). I have given a buy call on Bajaj Finance, Mahindra & Mahindra Financial Services and Shriram Transport Finance Corporation. One can remain away from stocks like L&T Finance, which is already looking quite stretched where people have been riding more on the expectations of the banking license."

"Overall if one takes the case of these stocks, the kind of growth they have been showing, the kind of reach they have in the rural space and the kind of income increase we will be seeing in the hands of the rural people, all the consumptions whether consumer durable, automobiles, two-wheelers or commercial vehicle, all these stocks are going to benefit. So I have positive view on all three stocks," he added.