Goodricke, Jayshree Tea top diwali picks: Baliga

Goodricke, Jayshree Tea and Talwalkars are the top diwali picks, says Ambareesh Baliga, Market Expert.

Baliga told CNBC-TV18, “If you are talking of diwali picks, it is the same pick, it’s not really changed. I had recommended Goodricke Group, Jayshree Tea and Talwalkars, so its just remains these three picks for the next one year.”

He further added, “United Spirits deal was a very good deal for the shareholders. Rerating has happened, but I was expecting some selling from those people who had bought in the recent past, but I think long term buyers were overwhelming on the stock today. So, at these levels I think the best news is already priced in, I think the upside could be possibly about Rs 1950-2000.”