Buy GSFC, Mindtree, Mahindra and Mahindra: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "GSFC is a buy with a stop loss of Rs 124 and target of Rs 136. Mindtree is a buy with a stop loss of Rs 538 and target of Rs 560. Mahindra and Mahindra (M&M) is a buy with a stop loss of Rs 1,400 and target of Rs 1,520."

"The kind of huge bar we saw on Jubilant Foodworks, chances are that yesterday’s low will hold and maybe again you will see some sort of rally back towards Rs 980-1,000. However, overall, the stock is weak, but just for the very short-term maybe a bottom may be in place," he said.