Buy Bata India, ITC, Maruti: Nimbus Wealth

Rohit Shinde of Nimbus Wealth Management advised buying Idea Cellular, Bata India, ITC, Maruti and Ranbaxy Labs.

Shinde told CNBC-Awaaz, "Investors should buy Idea Cellular for 1-2 trading sessions with a target of Rs 102 and keep a stoploss of Rs 94."

"One can buy Bata India with a very short-term view for a target of Rs 675. One should keep a stoploss of Rs 655."

"Investors should invest in ITC with a target of Rs 218 and stoploss of Rs 202," he adds.

"Investors can buy Maruti Suzuki with a target of Rs 1220 and keep a stoploss of Rs 1190."

He said, "One can buy Ranbaxy with a short-term perspective. It has a target of Rs 562. One should keep a stoploss of Rs 539."