Buy Power Grid, says Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would be bullish on Power Grid. Maybe a small correction in the range of Rs 200-180 is what I would talk of. I don’t see a correction bigger than that."

"I would recommend buying in that range, stop loss of Rs 155 and I would talk of a 6-10 months target of anywhere between Rs 250 and Rs 260," he added.

"Marksans Pharma is a little weak. I would recommend a sell on a bounce in the range of Rs 50-55. Don’t see the stock break Rs 60 levels; that is a very strong resistance. So, if one gets the level anywhere between Rs 50 and Rs 55, it would make better sense to exit this stock and get into something else."