Buy Torrent Pharma, Tata Consultancy Services; sell Zee Entertainment: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "All kinds of pharmaceutical stocks continue to head higher. So, right now Torrent Pharma is a buy with a stop loss Rs 1,300 and target of Rs 1,345. Tata Consultancy Services (TCS) and several tech stocks are showing some upside. So, this is a buy with a stop loss of Rs 2,500 and target of Rs 2,620."

"Zee Entertainment Enterprises is a sell with a stop loss of Rs 536 and target of Rs 515. It is a fairly large rally in Dr Reddy's Labs and the first point port of call for anything is the 200 day moving average which is about Rs 2,650-2,670 thereabouts. So, I think a couple of 100 points are still left on Dr Reddy's," he added.