Look at mining sector: Harendra Kumar

Harendra Kumar - Head, Institutional Broking & Global Economy at Elara Capital told CNBC-TV18, "There has been some amount of movement in terms of the mining bill and that is a huge positive. Over the next 6-8 months you will see activity picking up there. The auctions have been conducted well and we have seen some amount of action in terms of Sesa Sterlite."

"The positive news flows keep coming up. The second part is Coal India where the government has shown immense focus in terms of increasing output. So in mining and commercial mining the triggers that are being playing up will be important sector to look at going ahead," he said.