Buy Reliance Ind and Infosys: Manish Sonthalia

In a chat with ET Now, Manish Sonthalia, Senior Vice President-Fund Manager, Motilal Oswal Securities, talks about his stock recommendations.

Characterise your portfolio for us and what currently are your large cap bets?

In the large cap space, stocks and sectors which do not get impacted so much by inflation and that would be something in the telecom space. We have Reliance which has cash balance sheet that should be positive. We could have Infosys which could actually move up significantly from these levels. We have oil marketing companies which would move away from this. We have pharma names. So de-risking the portfolio from an inflation point of view where there is pricing power etc. is how you would like your portfolio to be at this point in time.