Nischal Maheshwari - Head - Research at Edelweiss Capital recommends buying UltraTech Cement and Axis Bank.
Nischal Maheshwari - Head - Research at Edelweiss Capital told CNBC-TV18, "I would still buy Axis Bank , I would still go out and buy UltraTech Cement , I would still look at Mahindra and Mahindra and ITC . So, these are three or four stocks where I am going to put my money in the largecaps."
On Friday, Axis Bank closed at Rs 565, up Re 0.05, or 0.01 percent. It has touched a 52-week high of Rs 577.15.
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