YES Bank attractive bet: Mayuresh Joshi

Mayuresh Joshi, VP- Institution at Angel Broking told CNBC-TV18, " Financials is what we like. Apart from the larger names within the banking space something like a YES Bank is what we are like. We are clearly seeing that a strong liability profile with good operating leverage benefits would kick in the earnings for YES Bank going forward. So, it remains a very attractive bet."

"From the NBFC space LIC Housing Finance still remains a very attractive bet going forward and an indirect play on the recovery in the housing and real estate sector probably in terms of demand for India. Within the IT space Infosys from the largecaps is what we like purely from a valuation perspective," he said.

"Dr Reddy's Laboratories from the pharma space, NTPC from the power space and something like Tech Mahindra on declines is what is looking attractive as well. Probably from the midcap universe we have got something like a Siyaram Silk Mills where we believe that the earnings growth probably will come in over the next few years. Even something like Indiabulls Housing Finance within the NBFC space looks pretty attractive."

"Auto and auto ancillaries is one space that we still believe can show huge amount of earnings growth and a probable rerating happening on most of the counters within that sector over the next two years."