Buy HCL Tech, Tata motors, VST Industries, EIL and Eicher: Ambit Capital
Saurabh Mukherjea, Head-Equities, Ambit Capital says that Q1 Sensex target continues to be at 14,500 level although Q3 earnings are expected to be poor. He expects RBI to cut interest rates from March onwards. He advises investors to buy HCL Technologies and Tata Motor stocks in large-cap belt and VST Industries, EIL and Eicher motor stocks in the mid-cap belt.
