Prefer Bajaj Auto, says Deven Choksey

Deven Choksey, MD at KR Choksey Shares and Securities told CNBC-TV18, "The simple selection would be Bajaj Auto within the auto bracket. The stock is appearing little set for higher growth. The company is likely to launch their RE60 quadricycle. Along with that I think the new models that they are launching in two wheelers in Discover and Pulsar, I guess this company is set for a larger growth with higher export contributing."

"This should be benefiting this company. So, Bajaj Auto should be selected at this juncture to add into the portfolio."