Buy call on LIC Housing Finance: Deepak Mohoni

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


What is the call on infrastructure stocks and Indiabulls Finance? What are your stock recommendations?

The infrastructure stocks are looking interesting because they were among the top gainers from that December-late February move and had corrected since then. They seem to be again finding the momentum. It was not just a one off demand for stocks that had been beaten down but it is looking like they have quite a bit of strength there. Those stocks are looking like buy on declines. Indiabulls Finance has been quite strong until a month ago, then running sideways, correcting a bit. It has fairly good momentum for the last 3-4 months. If it begins a move which it does not yet, it could be of considerable interest to traders. Buying recommendations for today are LIC Housing Finance and Godrej Consumer.