Pick Maruti Suzuki, UltraTech Cement: Vineet Bhatnagar

Vineet Bhatnagar, MD at PhillipCapital told CNBC-TV18, "I think if we were to start looking at which are the sectors that will continue to look strong, if the global cues are not damaging or at best supportive of the domestic situation then names do crop up in sectors like autos and that is where we will pick up Maruti Suzuki and Mahindra and Mahindra (M&M). The names do look good in cement, which is where we will pick up UltraTech Cement and also smallcaps like Prism Cement."

"We will be interested in fast moving consumer goods (FMCG) and that is where we will pick up names like even Emami or we will pick up Pidilite Industries. So there are host of names, a combination of both the largecap as well as midcap stocks that are looking quite attractive. The moment we start factoring in the fact that the domestic story is going to play out if not for the whole quarter but at least pre-Budget," he added.