Buy Yes Bank, Punjab National Bank, GAIL India; Maruti likely to hit new highs: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Yes Bank is a buy with a stop loss of Rs 305 and target of Rs 321. Punjab National Bank is a buy with a stop loss of Rs 170 and target of Rs 182. GAIL India is a buy with a stop loss of Rs 465 and target of Rs 480."

"If you are short you need to cover otherwise you will get your head handed to you by evening."

"Maruti Suzuki is now in a blue chip category, so any sort of small 5-7 percent correction should be used to buy into. So, that way I think nothing unusual but a stock making a new high before the market does that, that is extremely positive and chances are you will see further new highs on the stock," he said.

"Can Fin Homes is a buy with a stop loss of Rs 468 and target of Rs 490. Asian Paints is a buy with a stop loss Rs 1,100 and target of Rs 1,165. Bajaj Finserv is a buy with a stop loss of Rs 5,000 and target of Rs 5,150."