Ambareesh Baliga, Managing Partner-Global Wealth Management of Edelweiss Financial Services told CNBC-TV18, "I would surely suggest one to look at Tata Motors and Mahindra and Mahindra (M&M), both which will not get affected by the domestic sales especially Tata Motors because it is clearly Jaguar-Land Rover (JLR) which plays on that and M&M clearly is the rural demand, which will push the stock up."
"I think at these levels these are two stocks, which one should look at," he said. On November 05, 2013 Tata Motors closed at Rs 395.15, up Rs 4, or 1.02 percent. It has touched a 52-week high of Rs 400.55.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
