According to Nischal Maheshwari of Edelweiss Financial Services, one may buy Maruti Suzuki and Tata Motors.
Nischal Maheshwari of Edelweiss Financial Services told CNBC-TV18, " Maruti Suzuki India and Tata Motors are on a positive outlook. Maruti after some recent problems from the side of the management basically, it has got sorted out under the pressure from the shareholders and I think that is why the stock is being performing very well."
"Going ahead, we continue to believe that both Tata Motors and Maruti are strong infrastructure play and recovery in the economy interest rate cards - these are all things basically, which are going to happen over a period of time but I think these are the two stocks, which will gain substantially from these measures. So we are positive on both of them and we have a buy on both the stocks," he added.
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