Like Infotech, Torrent Pharma, Shriram Transport: Goswami

Jaideep Goswami, Head of Equity at ICICI Securities told CNBC-TV18, "We believe large number of midcap companies are trading at very attractive valuations. They are fairly diverse in terms of their sectoral mix. For example second run IT services companies; some of the companies have been excellent performers. We believe some of the second run IT companies may be going forward doing well like Infotech Enterprise. The valuation has caught up, but the earnings momentum is quite good for Infotech."

"Among other stocks we like Shriram transport Finance. While cyclicality of the business is impacting, but the valuations are reasonably attractive. LIC Housing Finance is the other stock that we like. In the midcap space, we believe Shree Cements may be the one which can have a decent upside. Among pharma stocks, obviously we are positive on Natco Pharma and Torrent Pharma, which we like," he added.