NIFTY 50

Investors can consider these stocks in their portfolio, says SP Tulsian

Updated : November 20, 2019 05:09 PM IST

In his latest analysis and commentary, stock market expert SP Tulsian of sptulsian.com gave his top stock picks in an interview with CNBC-TV18.

SP Tulsian is a well-known equity analyst. A fundamental analyst with more than three decades of experience, Tulsian has an acute sense of logic and is respected for his frank and forthright views.

Speaking about the pharmaceutical sector, Tulsian said, “The pharmaceutical stocks seem to be in the buying mode for the last one week or so. Sun Pharmaceutical results is probably making people go for fresh buying which is also seeing the short covering. However, as I have been maintaining, we have a view on the other two or three pharmaceutical stocks like Biocon, Divis Laboratories and Glenmark. We are not keeping a buy call on Sun Pharmaceutical especially after having risen today by 5-6 percent,” he added.

On banking, he said, “I do not think you can take a comforting view to have them as a portfolio stock on your investment list. However, if you wish to, then three names come to my mind -- Bank of Baroda, Canara Bank, and Indian Bank.”

“State Bank of India (SBI) is seeing some profit booking, but it has risen almost 7-8 percent in the last two or three days. So, obviously this is just a respite or a pause which we are going to see again. We are taking a call on PSU banking stocks as comforting stocks, we continue to have a positive view on SBI,” he added.

Tulsian has been selectively positive on the real estate sector because of the liquidity infusion. "But probably the NCR region and DLF are lowest on the list. If you see a revival, that has seen to be the least in the NCR region. You have not seen the offtake in the property sales happening as we have seen in the Southern or Western pockets. So, probably we will remain away, though we have been buying Indiabulls Real Estate, Purvankara, Sobha, or maybe Prestige Estate kind of stocks.”

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV