Buy Canara Bank, Bank of India, Union Bank of India: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "PSU banks are coming back strongly, so this is a time to get long on them. So, Canara Bank is a buy with a stop loss of Rs 372, target of Rs 390. Bank of India is a buy with a stop loss of Rs 182, target of Rs 196.Union Bank of India is also a buy with a stop loss of Rs 178, target of Rs 190."

"All kinds of consumer stocks are higher, including Voltas, etc. So, definitely Havells India on all declines should be bought. It is trading at new highs, so fairly strong stock and next target here could be closer to Rs 600," he said.