Like pharma, consumer stocks: Gautam Sinha Roy

Gautam Sinha Roy of Motilal Oswal Mutual Fund told CNBC-TV18, "On top of the list will be private sector banks and we have seen the result of IndusInd Bank. High quality private sector banks definitely continue to look very interesting. Technology is another sector where we find good value given, that price to earnings (PE) multiples have not been very high off-late. Growth could surprise on the positive especially with an aid of depreciating currency." "These two sectors definitely stand out. We continue to like other sector which is pharmaceutical and consumer which we have been allocating to over a period of time. However, there valuations obviously are much richer than what are the cases in IT and in good quality private sector banks. So, stand out sector for me would be private sector banks, high quality ones and IT," he said.