Buy Tata Motors, Hindalco, SBI, UltraTech, Dr Reddy's: IIFL

Sanjiv Bhasin of IIFL told CNBC-TV18, "If we get Tata Motors back around Rs 427 levels, that will definitely be an entry point for us. So, for us this Brexit sell-off means that five largecap stocks are to be accumulated on any fall. Top amongst them is Tata Motors, second would be the metal play with Hindalco Industries, third would be the PSU leader State Bank of India (SBI), fourth would be UltraTech Cement and fifth would be Dr Reddy's Laboratories.""Covering almost 10 sectors in all and the largest of the largecap which have outperformed in the last recent fall and which on macros are also looking excellent for the year-end rally," he added.