Neeraj Deewan of Quantum Securities told CNBC-TV18, "Punjab National Bank (PNB) and Bank of Baroda should continue doing well, so some buying should come into those stocks. We like capital good stocks like Bharat Electronics (BEL) which is taken a lot of beating. If one is a long-term investor from these levels it can give a decent return."
He further added, "JK Tyre, if one compares to Apollo Tyres, it is trading at a huge discount as far as valuation is concern, so JK Tyres is other one which is among our research coverage. The stocks I mentioned are among our coverage and we have recommended them to our clients also."
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