Look at Maruti Suzuki, Bajaj Auto: Deven Choksey

Deven Choksey of KR Choksey Investment Managers told CNBC-TV18, "It as a stimulus of Rs 1 lakh crore which the government has given in the recent times. And this money is a good sum of money definitely, for sure. On one side, definitely the consumer demand is expected to increase. And the allocation of money I think would go towards the consumable thing which I think the autos would probably figure in the list. Also, at the same time, I think, the higher amount of requirement would also go in for the other products including for the housing. So, to my mind, things are looking pretty okay on the one side.""On the other side, definitely I think the fiscal deficit part will have to be managed in the budget. And that is one area where I think once again, the new calculations will have to be arrived at. But overall, all-in-all, put together, it is a consumption driven kind of move, wherein the government is expected to collect larger sum of revenue also eventually through this particular process. So, I would give a thumbs-up to the particular move though relatively, the amount is on a higher side," he added."Company specific, if one wants to look at, maybe the names will not change beyond a point, because in the listed market we have a few choices. We continue to like companies like Maruti Suzuki, Tata Motors. Given the new launches which Tata Motors is bringing up, I guess, they will hold a better chance going forward and of course, within two-wheeler space, both Hero Motocorp as well as Bajaj Auto, things look reasonably well positioned to take the advantage at least in the near-term," he said.