Buy Manappuram Finance, Gruh Finance, Yes Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Reliance Industries has been a trade ever since it broke out of Rs 1,100. Again, it kind of consolidated at Rs 1,350 where repeatedly we said that, I think Rs 1,300, where it repeatedly consolidated, now it is also on the edge of breaking to all-time highs. So, I think beyond Rs 1,450 even that should catch momentum. So, definitely all of these stocks Maruti Suzuki, Reliance, Eicher Motors, banks, all of them seem to be firing. However, all I would say is that this is not the best entry point."

"Manappuram Finance is a buy with a stop loss of Rs 94 and target of Rs 106. Gruh Finance is a buy with a stop loss of Rs 452 and target of Rs 475."

"Yes Bank is now picking up steam. That is a buy with a stop loss of Rs 1,430 and target of Rs 1,485."

"If you are sitting in a bus and something goes wrong with it, it is not moving, you get out and you get into a bus that is moving. Same goes for stocks. If you enter Maruti, maybe it will get to Rs 8,000 much earlier than Tata Motors will get to Rs 550. So, I would split the money, put half in Maruti and half in Eicher, it will probably end up doing much better than one would do in Tata Motors."

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