Add Jay Bharat to portfolio, India Cements may test Rs 215: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Autos or auto ancillaries have done very well. So, if Maruti Suzuki has done well, chances are the ancillaries supplying to it would do well. So, just with that basic kind of thing, you can have Jay Bharat as a portfolio stock. I don’t think you should just play it for a trade for a couple of days, etc. This can be one of your auto ancillary plays."

"In cement, something is changing, particularly in India Cements because yesterday’s move was a very strong move which took out a lot of the action on the left hand side. So, chances are we could get Rs 210-215 on India Cements in days to come."

"Capital First is doing well, so, the NBFC theme continues for the day. Try to pick up on some of these - Bharat Financial, although it is in a ban period. I think possibly microfinance could have a better day, so, you can look at Ujjivan Financial or Equitas Holdings also because the other NBFCs are also running. So, here the declines have been sharper. So, the pullback or the short covering could take them even higher than the normal stock,"  he said.