In an interview to CNBC-TV18, Sanjiv Bhasin, Executive VP-Markets & Corporate Affairs at IIFL shared his readings and outlook on the market, specific stocks and sectors.

Bhasin said, "We have a positive coverage and we have added position on Bank of Baroda, State Bank of India and Indian Bank in this decline. We have initiated buy at Rs 285 on Yes Bank."

LIC Housing Finance, Bajaj Finance and Dewan Housing Finance Corporation (DHFL) would be good housing plays to add, he mentioned.