Watch out for the banking, pharma and tyre sectors : Nirmal Bang

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Investors should use this opportunity to watch out for the banking, pharma and tyre sectors as they look attractive. Stocks that look good for investment and which can be bought at the current prices and on declines are State Bank Of India (SBI) (LTP: Rs 2,204), Torrent Power Ltd (LTP: Rs 339), Gujarat State Petronet Ltd (GSPL) (LTP: Rs 89), Bharat Electronics Ltd (LTP: Rs 1,608), Dr Reddys Laboratories Ltd (LTP: Rs 1,067) Aurobindo Pharma Ltd (LTP: Rs 818) Lakshmi Machine Works Ltd (LMW) (LTP: Rs 1,406), JK Tyre & Industries Ltd (LTP: Rs 161) and Apollo Tyres Ltd (LTP: Rs 54).

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