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4 auto picks to make money in near to long term; 4 OMCs to buy on dips: Sanjiv Bhasin
Sanjiv Bhasin recommends Ashok Leyland, Maruti, Bajaj Auto, and Motherson Sumi as good picks for making money. He advises investors to buy IOC, NALCO, ONGC, and HPCL in the market correction. Bhasin believes private banks will lead the market higher and mentions the possibility of retail liquidation. He says, Reliance and HDFC Bank should be the main pillars of the index and the rest of the midcaps can continue to be consolidating for some time.