Hold Eicher Motors, Asian Paints: Anu Jain

Anu Jain of IIFL Private Wealth Management told CNBC-TV18, "We were really not holding Eicher Motors. So, we have not really got it in our portfolio. Clients are holding them, we are basically telling them to hold with a stop loss of Rs 21000.""We have been holding Asian Paints in our portfolio, we continue to advice. In fact if there is a dip because of the market going down, we have seen that big move come post results today, it retraced back, it can retrace back to about Rs 1050-1060, I think at those levels we would probably add into the stock. So, on that, there is a completely different strategy because we are completely bought into the theory of consumption basically taking the markets over for the next one year. Valuations are steep but we think that this will probably continue to be expensive," she said."We are taking some money off the table in Bajaj Finance. It is a very good stock but extremely expensive. There is better quality probably, better valuations available in some of the other NBFCs and since we have whole Bank Nifty and financials outperforming to such an extent, that it is over powering our portfolio, there we have started taking money off," she added.