Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Because of Vijaya Bank, stocks like Syndicate Bank are beginning to move. So, while today is a corrective day on PSU banks, people who want to get into, should slowly start buying into those PSU banks because the Bank Nifty is unable to make too much downside. Also, because of ABB India, Crompton Greaves Power is doing extremely well. So that is another stock that is extremely fresh and could have a big upside day."
"GSFC is a buy with a stop loss of Rs 142 and target of Rs 156. Jindal Steel & Power is a buy with a stop loss of Rs 110 and target of Rs 122. Rural Electrification Corporation (REC) is a buy with a stop loss of Rs 218 and target of Rs 232," he said.
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