Hold Tata Coffee, prefer State Bank of India: Prakash Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Tata Coffee has been in a buy mode since the level of Rs 94, and it is still into a buy mode. However, after seeing such an up move, possibly we could see some sideways move and maybe Rs 160 or Rs 155 is possible. It is a beautiful stock to hold."

"I do not remember last time when any one of us saw rally of 30-50 percent on either Punjab National Bank (PNB) or a State Bank of India (SBI) or maybe Bank of India, or likewise even Canara Bank. SBI would be the best suitable stock in the universe," he said.