Bullish on auto, expect rebound in second half of FY-13/14: David Pezarkar

In a chat with ET Now, David Pezarkar, CIO-Equities, BOI AXA Investment Manager shares his views on the auto space. Excerpts:

ET Now: Do you like any of the auto names? Maruti performed pretty well in its earnings this time. You have also got Tata Motors wherein JLR continues to contribute to the performance.

David Pezarkar: We are positive on the auto space and also on the consumer discretionary space overall and expect that in the second half of the year, we will see an overall bounce back in the consumer sentiment. We prefer four wheelers there but expect the two wheeler companies also to report positive numbers.

So we are overall positively tuned to the auto and consumer discretionary space and we also like media companies. We are hopeful of a rebound in the second half of the year in that space.