Bullish on STC, BHEL: Deepak Mohoni

In a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com shares his views about the various stocks.

ET Now: What is the call on PSU stocks?

Deepak Mohoni: Apart from some of the metal stocks like MMTC and Hindustan Copper which have gained almost 100% since December 20 when this move began, most of the others are keeping up with the markets or thereabouts. STC is another stock which is actually deemed a very strong performer. So, we do have many of these PSUs making extremely large moves and the majority is keeping up with the market. Stocks like BHEL now are back in demand. So, this is a very wide rally. There is hardly anything left out of it except maybe the defensives.