The Nifty50 broke past its previous record high of 10,137 on Monday to witness a fresh record high of 10,160 led by gains in Tata Motors, Bajaj Auto, and L&T. The mid & small cap index too witnessed respective record highs in opening trade.
Ashwani Gujral of ashwanigujral.com in an interview to CNBC-TV18, recommends buying Larsen & Toubro which is continuing its upside. he has a buy with a stop loss of Rs 1,230 and target of Rs 1,300. DLF is also a buy with a stop loss of Rs 190 and target of Rs 205. JM Financial is a buy with a stop loss of Rs 146 and target of Rs 158."
At 11:18 hrs Larsen & Toubro was quoting at Rs 1,242.10, up Rs 29.65, or 2.45 percent. It has touched a 52-week high of Rs 1,243.45.
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