HDFC Bank, Infosys top picks; like L&T, IOC: R Sreeshankar

R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher told CNBC-TV18, "We still continue to have top-picks in terms of HDFC Bank and Infosys and we like State Bank of India, ICICI Bank, Larsen & Toubro, Maruti Suzuki India, Tata Motors, IndusInd Bank and Indian Oil Corporation. Among the largecaps, these is our preferred top-picks.""Glenmark Pharma, Cummins India, Motherson Sumi Systems, Aurobindo Pharma, Mindtree, Persistent Systems, Jubilant Life Sciences, Sadbhav Engineering, JK Lakshmi Cement, Rallis India and Va Tech Wabag are all our top-picks in the midcaps. Within that, you look at Tata Motors, Motherson Sumi Systems. Many of these stocks have actually taken a pounding. Even ICICI Bank, has corrected sharply because of the correction that we have seen in the market, not that others have corrected. But basically, in these three, four stocks, the correction has been even sharper," he said." "So, if we look at our top-picks between last month and this month, there are very little changes. We still continue to have fairly the same amount of stocks and in fact, we have added Indian Oil Corporation to our top-picks."