Jan 11, 2017 03:01 PM IST | Source: CNBC-TV18

Buy Bank of Baroda, Biocon, SRF; avoid IT space: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bank of Baroda, Biocon and SRF and feels that one can avoid the IT space.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Bank of Baroda is a buy with a stop loss of Rs 152, target of Rs 166. Biocon is also a buy with a stop loss of Rs 1,000, target of Rs 1,035. SRF is a buy with a stop loss of Rs 1,600, target of Rs 1,740."

"If there are fears and possibly during the results if the verdict is that Trump is not so bad or things are getting better, maybe even IT will see buying but the domestic issues probably are getting a lot more solved and chances are from the export sector the focus is now shifting back towards the domestics. Right now, you would try to avoid IT till there is clarity on what is going to happen," he added.

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