Positive on Sun Pharma, Strides Arcolab: Deepak Shenoy

In a chat with ET Now, Deepak Shenoy, Founder, Capital Mind, shares his views on pharma stocks.

ET Now: Irrespective of market correction, which stock ideas would you still latch on?

Deepak Shenoy: We are still long on some of the pharma stocks we like stocks like Sun Pharma, we really like Strides Arcolab. We believe that this month they might reveal the dividend, they have been talking about the extra $250 million that has been kept on escrow.

We are still positive on a few other individual pieces of stocks like Finolex Industries and with we thought we had a conviction buy in Sintex but then the stop losses in our case are supreme sometimes the market tells you what you do not know so we continue to believe in some of these spaces.