Moneycontrol PRO
HomeNewsBusinessBuy Future Consumer, Central Bank of India, Britannia Industries: Ashwani Gujral

Buy Future Consumer, Central Bank of India, Britannia Industries: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Future Consumer, Central Bank of India and Britannia Industries.

August 30, 2017 / 12:30 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Future Consumer is a buy with a stop loss of Rs 48, target of Rs 56. Central Bank of India is a buy with a stop loss of Rs 80, target of Rs 92. Britannia Industries is a buy with a stop loss of Rs 4,200, target of Rs 4,350."

"Entire bull market is over and Jain Irrigation stock has not really moved even from Rs 100 to Rs 150. It has been at Rs 100 forever. These sort of volatile stocks, they look spectacular on one day, go up 5 percent, but next day, there is no follow through. So play the dumb idea. 50 times a day it is said that NBFCs are leading this bull market. So buy into L&T Finance Holdings, Edelweiss Financial Services, etc. if you want to make money. This is not going anywhere in a hurry," he said.

"Capital First and Bajaj Finance are the kind of stocks you need to get into. Better move out before you start losing money. It is possible to lose money even when the market goes up," he added..

first published: Aug 30, 2017 12:28 pm

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!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347