Prefer IDFC, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "IDFC is a company that finances infrastructure projects, so it is not a direct infrastructure play in that sense. Two year horizon for IDFC is fine because within that period, they will be able to leverage their niche position that they have within infrastructure financing and they will be able to take it to the next level given the fact that everybody is expecting infrastructure to be an area where a lot of financing is sort of going to be required.”

“Secondly, I think there is that whole banking play which will sort of play out in the next couple of years, so from both those aspects, I think IDFC is a good stock with a two-year horizon,” she said.