Punita Kumar Sinha, managing partner, Pacific Paradigm Advisors told CNBC-TV18, "Larsen and Toubro (L&T) is still trading at a discount to its peak valuations and things could potentially improve from here."
"State Bank of India (SBI) is a proxy on the Bank Nifty and it has got all the problems that all the other PSU banks have. Bharti Airtel is a defensive in my view and I think it is a very solid company and we see telecom sector is consolidating," she added.
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