Enter Tata Global around Rs 140: SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, “Maybe one can take individual stock specific ideas. Tata Global Beverage having corrected to about Rs 143-144 or maybe Rs 140 makes a good entry point. If you really want to take the selective call, probably housing finance company looks good. Maybe one can look at LIC Housing Finance, HDFC or maybe Repco Home Finance which has really posted good numbers on a further fall of about two-three percent. I don’t think that much weakness is really seen in those stocks though my view has been cautious on the banking stocks. Yes, the home finance companies can really be looked into. So yes, you need to pick and choose but we have to be very selective while buying the stock.”