Bullish on NCC: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com., in a chat with ET Now, gives his stock picks


Any midcap stocks which are worth chasing this morning?

Many of the midcap stocks are showing strength. I think one stock which is interesting now is NCC. There has been a bit of a rally in infrastructure this time. They are outperforming many other sectors since that August 26 day obviously not before that. So NCC could be a good stock to go from the midcaps. Syndicate Bank among the banks also not a bad pick. I think banks have to get into it sooner or later. Syndicate Bank seems to be doing it a little bit sooner. Then you have other stocks like may be a Manappuram Finance but then again gold not doing too well but this could be a stock to watch. This could have some leg up once it starts going and last but not least you could have SpiceJet also getting into the act that has had a bit of a dip yesterday but today’s rally could sort of give it another boost up and airline stocks making a comeback SpiceJet in particular.