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Buy Tata Global Beverage; sell Kotak Mahindra Bank, Infosys: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Global Beverage and sell Kotak Mahindra Bank and Infosys.

August 31, 2017 / 11:47 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Tata Global Beverage is a buy with a stop loss of Rs 194 and target of Rs 208. Kotak Mahindra Bank is a sell with a stop loss of Rs 970 and target of Rs 945. Infosys is a sell with a stop loss of Rs 925 and target of Rs 890."

"L&T Finance Holdings has kind of run up quite a bit. So, once it moves say four or five sessions like Tata Global was moving sideways, only then you can buy. That should be on your list but I think in the last three or four days it has run up quite a bit. So, buying here is probably not a good idea."

"Yes Bank has corrected post results, rally to a large extent. So maybe people who want to invest, it is probably decent levels to get in. However, overall today private banks are not showing the kind of traction where you will expect large moves on these big private banks," he said.

first published: Aug 31, 2017 11:08 am

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