NTPC, Tata Power, Reliance Power and Adani are top stocks in power sector for Budget: Ambareesh Baliga

In a chat with ET Now, Ambareesh Baliga, Market Expert, shares his views on contra calls. Excerpts:

ET Now: The talk is always about contra calls and still a bunch of sectors under pressure, anything that you are making a contra call on – a sector or stock, I mean construction, it could be commodities, maybe something else?

Ambareesh Baliga: No my contra call for budget is actually the power sector.

ET Now: Okay for the budget.

Ambareesh Baliga: For the budget. Basically because I expect lot of sops for the sector which has been down in the dumps, and also the way these stocks have performed. It is very clear that going ahead unless they give sops, I do not think India can grow at that 9-10% which Modi has been talking about.