Power Grid, NTPC are definite buys: Phani Sekhar

In a chat with ET Now, Phani Sekhar,Phani Sekhar, Fund Manager-PMS, Angel Broking, shares his stock recommendations.

ET Now: Give us two investment ideas from the short to medium term, either a buy or a sell.

Phani Sekhar: Over the next six months among the large cap space, one can look at oil and gas and utilities. Within that, stocks such as Power Grid and NTPC look very attractive.

From the midcaps, we are very closely monitoring the housing NBFC space and because of the recent positives being announced in the budget and the general positives that we see for this sector. So GIC Housing Finance is something that features on top of our list there.