Buy SBI, PNB, Bank of Baroda, Godrej Properties, United Breweries: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Godrej Properties is a buy with a stop loss of Rs 720 and target of Rs 755. United Breweries is a buy with a stop loss of Rs 1,080 and target of Rs 1,140."

"State Bank of India is a buy with a stop loss at Rs 326 for target of Rs 352. Balkrishna Industries is a buy with a stop loss of Rs 2,100 and target of Rs 2,230. Punjab National Bank is a buy with a stop loss of Rs 186 and target of Rs 202."

"Bank of Baroda is a buy with a stop loss of Rs 178 and target of Rs 194. PSU Banks are seeing some action so fresh positions are getting build here," he added.

At 14:55 hrs State Bank of India was quoting at Rs 336.30, up Rs 5.55, or 1.68 percent. It has touched an intraday high of Rs 339.50 and an intraday low of Rs 327.30.

Punjab National Bank was quoting at Rs 189.65, up Rs 3.50, or 1.88 percent. It has touched an intraday high of Rs 192.85 and an intraday low of Rs 183.65.