Prefer Maruti, Eicher Motors in auto sector; buy when market corrects: Sudip Bandyopadhyay

In a chat with ET Now, Sudip Bandyopadhyay, President, Destimoney Securities Pvt. Ltd, shares his views on specific stocks. Excerpts:

ET Now: Drilling it down to stocks, what is it that you are recommending right now?

Sudip Bandyopadhyay: We are looking at lot of good stocks in multiple sectors whether it is in large cap universe or in midcap or small cap universe. We like the automobile sector particularly the two wheelers and some of the four wheelers as well. I had mentioned earlier I like Eicher Motors even at current levels. It is a great buy. We do like Maruti. You will not make money overnight but over a six-month period, Maruti will give investors good return. We do like lot of other midcap stocks particularly in the consumption related sectors. We like Tilak Nagar Industries, it is a great company. Last quarter results were not good but I think long-long way to go from current levels. Some of the agri and seed companies we like quite a bit. We like Monsanto. We like BASF. We like Bayer Cropscience. There are enough and more good stock picking opportunities and particularly the opportunities arise when the market takes a little bit of correction like what it is doing today.