Check out: Top chart picks by market experts

Watch the interview of Sharmila Joshi of Sharmilajoshi.Com who shared her readings and outlook on specific stocks and sector & Harsh Roongta Of Harshroongta.com answered few personal finance queries.

Below is the verbatim transcript of Sharmila Joshi's interview with CNBC-TV18:Fertiliser stocks The reason why we aren’t seeing so much of a fancy for fertilisers is of course a fact that more fancy sectors are now available cheaper because of the recent market correction. People do tend to look more closely at defensives at time like this. With long term view, within the fertiliser basket I personally like Tata Chemicals at this price and I like UPL, so these could be two stocks that he could look at.Jk Tyre Tyre stocks are dealing with multiple pressure points, the latest being the fact that this whole devaluation means that the Chinese goods will be available even cheaper. Even prior to that, the tyre industry that had been their most common complaint, that what do you do with the cheaper Chinese tyres that are getting in. The good news for the tyre companies has been the fact that because all commodities have corrected, so has rubber. And that certainly means that their bottomlines have been quite healthy over the last year or so. But, precise, unless you see some sort of a way out of this situation, whereby you either have some kind of laws in place that do not allow so much of dumping from the Chinese or you actually get a sense of what the market is in terms of what is the percentage of the market that is getting affected by this. It is going to be some time before you really see it go back to that Rs 140 level, though from a valuation perspective, it would seem that Rs 140 is possible given the fact that earnings have been fairly strong for JK Tyre. So, stay put, do not try to average at this price. If you have to average, wait for the dips to come and if you see the stock, because my sense is that the stock will really correct a little more before you see it go up. Maybe a one year or one and half years down the line where you will see a pick-up in volumes because that has been another concern that the improvement has only been because, margins have been better because of lower rubber prices, but there is no real great volume improvement. So, if you see better volumes and you continue to see rubber prices stay low, then that would take the stock back up to that Rs 135-140 level.Stocks As a first time investor, it is better to stick with the largecaps stocks. Stick with good quality names, blue chip companies and try and do systematic investment plan (SIP) on stocks. So select may be six to eight stocks. Pick one stock from every sector. You can go with Larsen and Toubro (L&T) for instances from the capital good space. You can go with a pharmaceutical company either a Dr Reddy's Laboratories or a Sun Pharmaceutical. You can pick a largecap IT like Infosys, Tata Consultancy Services (TCS), Tech Mahindra and HCL Tech. Have something from the fast-moving consumer good (FMCG) play like a Dabur India and ITC or Hindustan Unilever (HUL), then sort of keeping buying a stock every month.