We see demand recovery coming back in passenger vehicles and Maruti could be the clear winner, said Rahul Shah, Senior Executive, Motilal Oswal Financial Services (MOFSL), in an interview with ETNOW. Edited excerpts: Now that the verdict is out and ministries have been allotted, one can say that the market from now on will put the election excitement behind. What will the market focus on now?The markets obviously focus on earnings. That again is an economic indicator. So, post election results and allocation of the ministries, the focus will be back on economics, the earnings, the government policies and obviously the budget coming up in July. People will talk about how to increase consumption and improve the economic slowdown which is going on right now. Those would be the key things to watch. It was a very choppy week for auto space — numbers were all over the place. Is there going to be any bit of a rebound or a respite from that continues decline that we have been seeing in sales growth across the space — be it PVs or CVs for the last six to seven months?There has been a continuous selloff in the auto space but the most important thing is to watch the numbers. The slowdown might continue for a while and the best way to play again would be the PVs. The next batch of numbers also could show a slowdown in most of the segments. I feel that going forward, passenger vehicles remains a better bet in terms of entire pack and so I think Maruti remains a clear winner in a choppy market where the pessimism is at the peak and investors are shying away. There is a good opportunity for the investor who wants to wait for a couple of quarters. We see the demand recovery coming back and Maruti could be the clear winner. Now the election fever is over and the markets will once again get back to earnings and all the other fundamentals, which are the stocks where long-term investors should keep their eyes on?Over the last few months, corporate banks have been the winners and the quarterly results have come out very well. Going forward, investors and traders can still look at these stocks. In the back of my mind is ICICI Bank, which is the top pick in that space. Then in the midcap space, DCB Bank has reported a good set of numbers this year with a strong balance sheet. Going forward also, the management has guided decent numbers which are available at a reasonable valuation. I would stick to financials and both the banks — ICICI and DCB in the coming week.