Buy Karnataka Bank, IDFC Bank, Yes Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Karnataka Bank is a buy with a stop of Rs 160 and target of Rs 174. IDFC Bank has had a strong move. That is a buy with a stop of Rs 58 and target of Rs 66. Yes Bank is a buy with a stop of Rs 1,480 and target of Rs 1,560."

"The entire Bank Nifty other than Punjab National Bank (PNB) is looking positive. So, all of these stocks, you can buy. I think smaller banks which have been range bound, whether it is DCB Bank, City Union Bank, Federal Bank - they should all do well. So today is a day possibly when Bank Nifty will outperform all the other indices," he said.