Prefer Bajaj Finance and Motherson Sumi: Neeraj Deewan, Quantum Securities

In a chat with ET Now, Neeraj Deewan, Director, Quantum Securities, shares his views about various stocks:

ET Now: What would be your call on United Spirits as the stock is down about 11%? Is there any other stock from the mid-tier basket that you like right now?

Neeraj Deewan: In case of United Spirits, I think that short-term investors can take a trading bet. Once the stock stabilises some trading bet can be taken in the stock for a short term.

As far as midcaps are concerned, then we recommend Motherson Sumi from a 6-9 months view. I feel it is a good stock to invest because with the kind of profit that they are making can give decent return from the current levels.

We also like Bajaj Finance as it has been doing very well. It can give a decent return of 10%-15% in the next three to six months.