Santosh Singh of Espirito Santo Securities told CNBC-TV18, "Bajaj Finance and Mahindra & Mahindra Financial Services are buys. We have always been buyers in M&M Finance, we like that story quite a lot, it has been our top pick for sometime. Rural finance is one area which we like quite a lot and we are still buyers on that."
"Bajaj Finance is a turnaround story on the general finance side. General insurance side has turned around and it is doing very well. This is the best general insurance company in India and trading at very cheap valuations. So clearly it is one of the buys for us," he said.
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