Buy IIFL Holdings, RCF, Godrej Industries; exit Tata Motors: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "NBFCs have picked up, a lot of these GST battered stocks like Godrej Industries, etc. are also picking up. So, that is where you look for ideas. So, IIFL Holdings is a buy with a stop loss of Rs 590 and target of Rs 625. RCF is a buy with a stop loss of Rs 92 and target of Rs 104. Godrej Industries is a buy with a stop loss of Rs 580 and target of Rs 605."

"I think the best two trades right now are Bajaj Finance and Bajaj Finserv because they have not corrected as much as the others. Today there is some buzz that maybe Bajaj Finance will get included into Nifty, etc. So that is always good for a stock. So that is something to look at."

"Raymond was doing extremely well for the last maybe 10 days back, but now it is kind of sideways. I don’t think Raymond is really doing too much.  Exit right now from Tata Motors and do Bajaj Finance and Bajaj Finserv."