Buy Hindustan Unilever, BPCL, MOIL: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Hindustan Unilever is a buy with a stop loss of Rs 1,280 and target of Rs 1,340. BPCL is a buy with a stop loss of Rs 500 and target of Rs 525. MOIL is a buy with the stop loss of Rs 222 and target of Rs 238."

"In textiles, better stocks are Arvind, Raymond etc. Generally, Bombay Dyeing is a budget type of stock so maybe Budget expectations etc. are now coming in. Once you get pass this Rs 240 zone in Bombay Dyeing I think you should get maybe closer to Rs 300. I think this is a fresh move, so people can buy with a stop loss say closer to Rs 200," he said.