Prefer LIC Housing, TVS Motor: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would recommend two stocks not necessarily with a very short-term view but talk of the next 6-12 months these are the stocks we have recommended to our clients at lower levels and even at current levels and on corrections.""I would recommend LIC Housing Finance and TVS Motor, both of these stocks will outperform in 2016 is what my view is. In a corrective market these stocks can correct by 8-10 percent which should be used to buy or add on. I would look at a 25-30 percent upside move in the next 10-12 months," he added.