Buy Maruti, Colgate, Bharat Forge, Muthoot Finance, DCB Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Muthoot Finance is a buy with a stop loss of Rs 434 and target of Rs 460. DCB Bank is a buy with a stop loss of Rs 198 and target of Rs 212."

"Bharat Forge after a brief correction started moving higher. That is a buy with a stop loss of Rs 1,190 and target of Rs 1,250. Maruti Suzuki is a buy with a stop loss of Rs 7,160 and target of Rs 7,340," he said.

"Colgate Palmolive is breaking out of a sideways move. That is a buy with a stop loss of Rs 1,050 and target of Rs 1,100," he added.