Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Midcaps are likely to pick up once the markets realises that it has found support. So, Bajaj Finserv is a buy with a stop of Rs 3,300 and target of Rs 3,420. Both these Bajaj twins – Bajaj Finance all of them have gotten of the blocks fairly strongly. The chances are non-banking finance companies (NBFCs) would be the leader of this rally."
"Similarly, Jubilant Life Sciences continues with its upside. Probably, it is heading to a Rs 1,000 but for the day it is a buy with a stop loss of Rs 680 and target of Rs 715," he said.