Bullish on BHEL: Mehraboon Irani, Nirmal Bang Securities

Mehraboon Irani, Principal & Head-Pvt. Client Group Business, Nirmal Bang Securities, in a chat with ET Now, gives his stock recommendations


In the large caps for somebody who is investing for one year what does he buy?

Well we have been advising our investors to buy into the large caps, those companies which are FII favourites because I am quite convinced that as and when the interest peak out, well there could be one more round of hike, they show signs of coming down and I am quite sure, RBI as aggressive as they are in raising rates, one fine day when inflation is behind us hopefully over the next two, three, four months the interest its fall also will be equally sharp and at that point of time I am quite certain FIIs are going to come and buy into this market. So welcome this FIIs or buying into stocks which they like so my ideal stocks for buying would be Tata Steel in the metal pack, I would say BHEL in the capital good space and HDFC or an HDFC Bank in financial, an Idea or a Bharti Airtel in telecos and Hero Honda or Bajaj Auto in automobiles.