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Sell HPCL, State Bank of India; buy NIIT Technologies: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com is of the view that one can sell HPCL and State Bank of India and can buy NIIT Technologies.

October 31, 2017 / 11:38 IST

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Hindustan Petroleum Corporation is a sell with a stop loss of Rs 450 for target of Rs 425. State Bank of India is also a sell with a stop loss of Rs 312 and target of Rs 298. NIIT Technologies is a buy with a stop loss of Rs 675 for target of Rs 700."

"It is all kite flying because PSU banks have been re-capitalised. In BHEL maybe you can get to Rs 120-125 but I don’t think that is the top infra pick," he said.

first published: Oct 31, 2017 11:36 am

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