Prefer Sun Pharma, says Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "Wockhardt is a good company, but we see that it is fairly volatile and people generally get wary of volatile stocks. It has the potential of moving Rs 100 either side. So, if at all one wants to shift in some of the pharmaceutical stories, I think that Sun Pharmaceutical is well poised. You can accumulate or start buying around say maybe Rs 510-520 levels and keep it for the long term."

"I think that is one of the better companies in the pharmaceutical space. I think that Sun Pharmaceutical gives a better opportunity any day. However, buy in a correction, not today," he added.