Opportunities in Tata Motors, Reliance Ind: Deven Choksey

Deven Choksey of KRChoksey Investment Managers told CNBC-TV18, "The focus continues to be on individual stocks vis-a-vis sectors and I think it is an opportunity to get into individual stocks more than the sectors. Currently, the market has some amount of bearish sentiment and definitely within that sentiment, we are getting opportunities. I must put across some of the themes like last month there was some amount of negativeness in companies like Tata Motors and that gave us a fantastic opportunity. It is getting validated with the price performance.""Similarly you are getting similar such kind of opportunities in many of the stocks including the likes of Reliance Industries and some fo the housing finance companies or non-banking financial companies (NBFCs). So certainly, opportunities are around and definitely we like to think that there are opportunities one can consider to buy into the market on individual stock basis," he said.Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com.