Prefer two wheelers stocks: Phani Sekhar

Phani Sekhar of Karvy Stock Broking told CNBC-TV18, "We are liking two wheelers more than the passenger vehicles or the commercial vehicles (CV). CVs are something that we think will take some time to recover but it is a good time to start accumulating them but two wheelers will be the first to benefit out of any pending interest rate cut and any revival in the economy. So two wheelers are the top picks in the sector."

Hero Motocorp ended at Rs 2,752.45, up Rs 31.80, or 1.17 percent on the BSE.