Buy Larsen and Toubro on dips: Baliga

Ambareesh Baliga of Edelweiss Financial Services told CNBC-TV18, "It is a bull market and any sort of correction, whether it is in the market or stock specific, especially the large caps like Larsen and Toubro (L&T) should be utilised to buy."

"Order flows have been excellent for L&T and going ahead with the new government clearly the order flows will increase. The way it has panned out in the recent past margins also would be on the way up. So clearly L&T is a buy at anywhere closer to Rs 1,000," he added.