Prefer ICICI Bank, UltraTech Cement, L&T Finance: Amish Vora

Amisha Vora of Prabhudas Lilladher told CNBC-TV18, "Within largecaps, I would recommend ICICI Bank, because I believe that in the valuation, a lot of problems of asset quality is already captured. But as we move forward, the way Jaiprakash got sorted out and more such large groups get sorted out by selling their assets, the clouds of fear which are looming large will get little backside and maybe a quarter or two of issues but they will bounce back very well on their performance. So, ICICI Bank is a very good investment idea."

 "Coming to some midcap stock ideas, from our house we have been recommending Jubilant Life which is a pharmaceutical cum chemical company and they are heading towards good growth for the next two years. We also like within the cement space, we think a good movement is happening and one should look at the cement stocks, though in largecap UltraTech Cement and in the midcap, JK Lakshmi are our preferred picks in the cement stocks," she added.

"Within the finance segment, we like two stocks, L&T Finance have come to almost one time book, the way they started, almost 5-8 years back their journey. So, that is a very good investment and Capital First is a new baby on the horizon, but very aggressively doing job in consumer finance. So, their return on equity (ROE) expansion will be reasonably very good over the next two years and extremely good pedigree held by Wabag, so that is another stock which we like quite a lot," he said.