Prefer Power Grid, PTC India: Sachin Shah

Sachin Shah, Fund Manager of Emkay Investment Managers told CNBC-TV18, "ICICI Bank continues to be one of our top investments. If you look at the 2014, some of the sectors which have done very well are banking, auto, pharmaceuticals but some of the sectors which haven’t done well and which we feel can do very well - one of them is power sector where we feel companies like Power Grid, PTC India where we have a fairly large holding in our portfolio, we believe that these companies have a very good potential going ahead in the year 2015."

At 12:30 hrs Power Grid Corporation of India was quoting at Rs 135.70, down Rs 3.60, or 2.58 percent.

The share touched its 52-week high Rs 150.85 and 52-week low Rs 93.25 on 11 November, 2014 and 28 February, 2014, respectively.