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.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!