Look at PI Industries, Dhanuka Agritech: Sandeep Bhatia

Sandeep Bhatia, Executive Director & Head-Sales at Kotak Institutional Equities told CNBC-TV18, "On midcaps, the valuations and earnings and the soundness of the earnings growth trajectory are things that we always look at. So, we have just initiated on two names which are PI Industries and Dhanuka Agritech. These are good names and that is something which looks interesting."

"Mindtree is something which you can look at not right now but later. So, these are some of the names, based on the price points, one should look at. If the frontliners take a hit, the midcap will also take a hit, so as a long-term investor you can get better price points right now if you wait," he said.