Kunal Bothra of LKP Securities told CNBC-TV18, "Housing Development Finance Corporation (HDFC) is more trustable in a business if you look at the market and the kind of price performance. Even though the market remained lacklustre form 2008-2010, you saw corrections and then you saw a rally. This was one of the few stocks which managed to come back pretty strongly and much faster than the rest of the market."
"If you can stick to HDFC from long term perspective, even now, it is a good bet, I believe from one year time horizon, Rs 1,450-1,500 is possible on HDFC. But if you are looking to buy or diversify your portfolio a bit more, then probably you can look to add stocks like Larsen and Toubro (L&T) and Tata Motors."
"HCL Technologies from the IT pack looks very good from a long term perspective at these prices of just around Rs 1,000 odd. So, if you can diversify your portfolio more, that is where you will get the benefit more. But if you can hold on to HDFC for at least the next one year, Rs 1,450-1,500 is also possible on the stock," he added.
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