Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Dewan Housing Finance Corporation is a buy with a stop loss of Rs 595, target of Rs 620. Adani Enterprises is a buy with a stop loss of Rs 127, target of Rs 140. Ashok Leyland is a buy with a stop loss of Rs 128, target of Rs 136."
"Today, the market is getting around to the view that it is not such a bad thing that PSU banks have capital and today, a lot of non-banking finance companies (NBFC) and private banks have come back. So, definitely L&T Finance Holdings is still a buy. Keep a stop loss around Rs 180 and you should expect Rs 250-260 because apparently, from the NBFCs that we have spoken to, they say there is space for everybody. So I think that sort of short positions are probably getting covered today," he said.
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!
