Overweight on financials, like Tata Motors: R Sreesankar

R Sreesankar, Head - Institutional Equities at Prabhudas Lilladher told CNBC-TV18, "We are still overweight on financials be continue to remain overweight. When we look at the second quarter (Q2) results, till yesterday we had seven stocks with the Nifty/Sensex bracket coming out. We had Infosys reporting strong numbers but in the whole week is down 6 percent. Then you see HCL Tech at the beginning of the week giving a profit warning and when you look at those segments, the performance has been, our view has been quite decent, to a great extent.""Tata Motors was a part of our topics, we continue to like Tata Motors. So we have got a mixed bag of stocks across the sectors and we continue to believe that this market is going to be more of a range mode market till the time you see the result come out and somebody comes out and says extremely negative things, this market will continue to move in a trading range, that is what our expectation is," he said.