Bajaj Auto, United Spirits good short term bets: SP Tulsian

Bajaj Auto and United Spirits are good short term bets, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, “The two wheeler stocks look good. We have seen the negative news coming in and in spite of that Bajaj Auto has not corrected. So, I will take a call may be on Bajaj Auto. Second stock which looks quite positive to me still, in spite of the delays or nervousness happening on the UB Group, United Spirits looks good. So, two stocks that come in my mind which can be bought for the short term point of view.”
He further added, “I am maintaining my positive stance only on two sectors, as I said that cement and sugar. So maybe there are many ideas in the sugar space, third sector, which really looks good could be the NBFC space and there are two companies, which comes in mind in that- one is Mahindra and Mahindra Financial Services and the second is Bajaj Finance. I am not referring Bajaj FinServ, Bajaj Finance because maybe Shriram Transport also looks good, but that stock has already risen quite a lot, so maybe these two stocks in the NBFC space looks good. But otherwise, I won’t be keeping anything on the shopping list from capital goods sector.”