According to Ashwani Gujral of ashwanigujral.com, one may pick Kotak Mahindra Bank as it will go to Rs 1000.
"This is a good time to get out of HDFC Bank if you have long positions, etc. because the futures are indicating that this may not sustain. So, even taking short positions may not be such a bad idea because after the opening there is hardly any follow through. Even HDFC Bank is making a low of the session. So, we have taken short positions, maybe it works."
"Infosys - the entire response to that buyback buzz, etc has been fairly lukewarm. So, maybe on declines you can buy around Rs 980, but I don’t think that buyback is really fuelling the IT index or these largecap stocks," he added.