Tata Motors remains top pick: Panda

Jitendra Panda, Future Capital says Tata Motors remains top pick as it can see another 3-5 percent upside.

Panda told CNBC-TV18, “We are bullish on Tata Motors. We see some good amount of interest developing. We are continuing to remain positive and we have seen momentum. If you are already holding positions certainly we can see another 3-5 percent upside. Yesterday also we saw good amount of open interest build up and today also we see the same. So among Maruti Suzuki and Tata Motors, Tata Motors remains our top pick.