Suresh A Mahadevan, Head-India Equities at UBS says that investors need to keep a close watch on crude prices. On stock picks, he said that he continues to like Exide, GCPL, VIP industries and Havells stocks at current levels, while M&M is his top pick in the auto sector. He is also positive on L&T from a long term perspective and Coal India. He also spoke on banking and telecom sectors.