Prefer carmakers to 2-wheeler companies in auto space: Gautam Trivedi, Religare Capital Markets

In a chat with ET Now, Gautam Trivedi, CEO, Religare Capital Markets Ltd, shares his preferred picks.

ET Now: Share with us stocks that you are bullish on?

Gautam Trivedi: I do not dwell too much into individual stocks, but we like largecap cement stocks. We like auto space. Among teh auto names, we prefer passenger cars to two wheelers, given that there is a bit of slow down within the rural sector.
We like commercial vehicle (CV) makers. Ashok Leyland is our top pick in the CV space. The stock hit its new life-time high today of Rs 72.50. We think that there is more upside left. These are sectors that we like. Of course, I do like private sector banks.