Buy Motilal Oswal, Uflex; Sun TV should move towards Rs 940: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Wealth managers, broker dealers are again doing well. So, Motilal Oswal Financial Services is a buy with a stop loss of Rs 1,280 and target of Rs 1,350. Uflex is a buy with a stop loss of Rs 445 and target of Rs 470. PVR is a buy with a stop loss of Rs 1,320 and target of Rs 1,385."

"Sun TV Network is coming out of a large correction and this mild bit of bad news is only kind of testing the trend. My sense is that this news will get finally absorbed and stock should move back towards Rs 900-940."

"I think it is holding on despite bad news and that is the good news. Overall, keep a stop loss say around Rs 770 or thereabouts and I think it still has more room on the upside," he added.