Buy infrastructure related stocks: Deepesh Pandey, IIFL Capital

"I would also start looking at some of the infrastructure and engineering-related stocks purely where there are strong underlying assets."

Deepesh Pandey, Co-Head, Investments, IIFL Capital in an interview with ET Now talks about his large cap picks.

On a 5% decline, which are the large cap stocks you would like to buy?

I would still focus on financials. I would also start looking at some of the infrastructure and engineering-related stocks purely where there are strong underlying assets. I would look at selectively some consumer names, specifically media companies. There are also a lot of stocks in mid-cap space, which look good because mid caps have been underperforming for far longer now, so that's a combination, which I would play.
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