The sentiment around Indian equities remains positive and unchanged.

Bankruptcy Code will consolidate existing laws related to liquidation and sick industries

While the Budget might have been a sentiment booster for the sector, firms with market dominance emerge as favourites.

The management, however, is a bit wary about near-term performance.

Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.