Look at auto, pharma space: Sudip Bandopadhyay

Sudip Bandopadhyay of Destimoney Securities told CNBC-TV18, "I will definitely not lighten positions, if you are in good scripts there is absolutely no reason to lighten positions. There are excellent stocks which has significantly corrected. Look at the automobile pack, look at some of the pharmaceutical names, they have great valuations post this correction.""Definitely it is worth looking at buying into these stocks. Whether you buy today or you will wait for little more correction, I think as an investor you can’t time the market. There has been a significant correction. Put may be 50 percent of your available cash to buy automobiles and pharma," he said.