Like Dalmia Bharat Sugar from sugar space: Mehraboon Irani

Mehraboon Irani of Nirmal Bang Securities told CNBC-TV18, "We have reached the stage where for the first time in many months or may be a many years I would say that all the domestic factors have turned favourable. Globally, also the concern on US Fed has slightly abated at least for the time being. We are only talking about the referendum right now, US elections are still some months away; China factor is there and the market mood is very positive, liquidity is intact." "The problem in the market if any is that when you look at the way the stocks have moved you feel it has gone up so sharply. The problem is not identifying the stocks, the problem is deciding whether I should buy now or it has gone up already too sharply. I personally feel these stocks have a long way to go some of them. The best space would be is sugar according to me as well as cement, it could be financials, it could be microfinance companies here and there. In sugar we like Dalmia Bharat Sugar," he added.