Moneycontrol
Feb 17, 2017 11:16 AM IST | Source: CNBC-TV18

Buy Bharat Financial; sell Arvind: Ashwani Gujral

According to Ashwani Gujral of ashwanigujral.com, one may buy Bharat Financial Inclusion.

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Bharat Financial Inclusion is a buy with a stoploss of Rs 845 and target of Rs 900. Arvind is a sell with a stoploss of Rs 380 and target of Rs 365."

He further added, "HDFC Bank is a sell with a stoploss of Rs 1,450 and target of Rs 1,380. At all-time highs, institutions don’t buy; that is my experience. So, it was very highly unlikely that any FII would buy HDFC Bank because it is a great value. This is the time when you have your godowns full of HDFC Bank, you come and unload. So, HDFC Bank could be in trouble."
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