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Buy Axis Bank, Motherson Sumi Systems, Indiabulls Housing Finance: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Axis Bank, Motherson Sumi Systems and Indiabulls Housing Finance.

July 13, 2017 / 12:54 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Axis Bank is a buy with a stop of Rs 510 and target of Rs 525. Motherson Sumi Systems is a buy with a stop loss of Rs 310 and target of Rs 332. Indiabulls Housing Finance is a buy with a stop loss of Rs 1,110 and target of Rs 1,175."

"Housing finance is also moving up fairly strongly today. So, that is another indication that maybe market is indicating that a rate could be on the way," he added.

first published: Jul 13, 2017 12:28 pm

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