Bull market.
Reliance Industries, Wipro, Adani Ports.
Financials likely to be under pressure auto could be a good contra play.
Any fall due to uncertainty at state elections is a good buying opportunity. Large caps are likely to do better than mid-caps as foreign investors may prefer large caps during election related uncertainty.
RBI policy stance was neutral and not dovish, which weighed on rate sensitive stocks.
Sanjiv Bhasin, EVP, IIFL Securities