Deven Choksey of KR Choksey Shares told CNBC-TV18, "Some of the private sector banks which have come down by almost 10-30 percent in different cases from what they touch in the recent months in this quarter, from that perspective if you look at it, they are not bad choice at all. I think they are some of the good banks and at the same time they have a business model which is quite predictable, quite robust business model in most of the cases. So we would certainly like to consider entering into the private sector banks."
"Within auto, I find that the commercial vehicle space is definitely looking exciting. The two-wheeler space and the commercial vehicle space probably would have higher amount of volume pick up in coming quarters. So that is an area with the correction in the price. Both these spaces look quite interesting to add into the portfolio. Not to forget the capital goods space where in the likes of Larsen & Toubro (L&T) have already corrected. So certainly one could consider even that company for adding into the portfolio," he said.
"Host of midcap stocks which have probably done nothing wrong as far as their business is concerned but have corrected sharply by 15-20 percent could also be given a choice and could be added into the portfolio. It is giving an opportunity to buy into quality names and one could consider them into adding into the portfolio."
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