CK Narayan, MD of Growth Avenues told CNBC-TV18, "Private sector banks are still where I would prospect and in that area IndusInd Bank is the one which is still wearing the colours very proudly and refuses to get cowed down by any kind of market weakness. So that is where I would have some money."
"Public sector undertaking (PSU) banks is not really a place to prospect unless you are little more adventurous in your approach. Indraprastha Gas (IGL) is a stock that I would look at, has fallen down into support and showing willingness to rally. Titan Company is something that I would look at in the Rs 400-415 range – I would buy the stock. UPL is a stock from the largecap that would look to buy around Rs 410 areas," he said.
"These are some of the bigger names that I would definitely look at. In Adani Group – Adani Enterprises, Adani Ports and Special Economic Zone and Adani Power – I would chance my arm during dips with those stocks as well."
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