Wait on Hero Honda, buy Bajaj Auto: Sharekhan

Auto sector, buy fear, sell greed, that has been the golden rule for long term investors. Hero Honda, good contra buy?

Hemang Jani: Looking at the numbers and the controversy around it, I would be little uncomfortable buying into Hero Honda. Bajaj Auto because of the share earnings growth that they are delivering and the fact that post monsoon for next 1 or 2 quarters, there is going to be some positive surprise on the earnings. We are more comfortable buying into Bajaj Auto.