Gujral told CNBC-TV18, "In the frontliners, I would go with Infosys Technologies, and ICICI Bank . For Infosys the downside seems to be about Rs 2,050-2,060 and the upside could be Rs 2,250-2,300.
He further added, "On the midcaps Cummins India made a last minute move and that is probably headed to about Rs 320. So, selectively one has to back things, which come out of this correction the earliest."
