Continue to be bullish on private sector banks: P Phani Sekhar, Angel Broking

In an interview with ET Now, P Phani Sekhar, Fund Manager-PMS, Angel Broking, talks about the market outlook. Excerpts:

ET Now: What are your top ideas for FY13?

P Phani Sekhar: We continue to be bullish on private sector banks, both large and midsize. So while Axis, ICICI and HDFC are the usual picks, I am also bullish on an ING Vysya Bank. And among midcap public sector banks, I am favourably inclined towards Dena, Andhra Bank or a Jammu & Kashmir Bank. On the PSU side, I am liking Bharat Electronics while on the agri side I like a stock called VST Tillers.