What to do with Zomato, Cochin Shipyard and 4 other stocks? Aamar Deo of Angel One decodes

economictimes.indiatimes.com:

Ahead of the June 4 general election outcome, volatility is expected to remain high and India VIX appears to be at a striking distance of 30, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One said, advising investors to remain alert and look at investing light. This analyst spells-out strategy in previous week’s major movers viz. Cochin Shipyard, Zomato and Global Health (Medanta) and three more stocks. Here’s what he recommends: Edited excerpts:

Market seems to have got its mojo back especially after statements by Indian Prime Minister Modi, Home Minister Amit Shah with the former exuding confidence over rally following a favourable June 4 outcome and the latter suggesting investors to continue buying in the run-up to the D-day. Do you see a connection or see other factors to be supporting the rally? Aamar Deo Singh: Overall, markets appear to have factored in the return of the current dispensation at the centre, and that is reflected in the price moves, cutting across sectors and multi-caps with the benchmark indices gaining almost 2% WoW. Unless there is a major upset, of which the probability is very low, markets would continue to in an uptrend in the long-term.

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In the short-term, however, we could witness increased volatility given the global