Bullish on Reliance Industries, L&T Ltd.: Ambareesh Baliga

In a chat with ET Now, Ambareesh Baliga, Managing Partner-Global Wealth Management, Edelweiss Financial Services, shares his stock ideas.

ET Now: Irrespective of the sector space, a stock that you would be either very bullish on or bearish on before the election results come out.

Ambareesh Baliga: In fact, I have been bullish on two large cap stocks, Reliance and L&T, which I have mentioned this umpteen number of times on your channel and both have performed extremely well in the last three to four months. In fact, we are still quite bullish on them. L&T looks at levels of closer to about 1575-1600 and Reliance we are still having that price target of about 1175-1200 so both these are still uphold and buy on dips.