Rahul Singh, Head of Equity Research at Standard Chartered Securities told CNBC-TV18, "We like Maruti Suzuki India and Bharat Forge; these are our picks in the original equipment manufacturers (OEMs) and the auto ancillary space respectively."
At 13:10 hrs Maruti Suzuki India was quoting at Rs 2,768.95, down Rs 33.45, or 1.19 percent. It has touched an intraday high of Rs 2,799.90 and an intraday low of Rs 2,767.60.
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