Sectoral call

Buy tata motors at 502 TGT 590 SL 490

Sectoral research

1) Buy Finolex Industries Ltd

Current Price  - 316
Target price - 350
Stop Loss - 299



2) Buy DCB Bank Ltd

Current Price - 83
Target price - 91
Stop Loss - 78

Reasons for investment:

Attractive valuation of 1.3x FY16E
Easing crude oil prices reduces macro concerns on CAD and currency front.