Would definitely be a seller if RBI policy cuts only 25 bps: Prakash Diwan

In a chat with ET Now Prakash Diwan of Prakash Diwan's Wealth Circle shares his view on RBI policy.

ET Now: How would you really ahead of the RBI policy what would you be doing tomorrow morning?

Prakash Diwan: Life continues irrespective of policy, for quite a few sectors I am sure it would not make such an impact and one of the stocks that we have been adding up to is Tilak Nagar Industries, I mentioned this sometime back but we reinforcing our view on that, it turning out to be quite positive given the management expectations above 15% growth for this year and the fact that both their new bottling arrangements have kind of taken off well so we would want to kind of build on our picks, our select picks, but I would definitely be a seller if the policy comes with only 25 bps of a rate cut and probably wait for the market to react downwards and then buy on dips going forward.