Accumulate Maruti Suzuki, says Nooresh Merani

Nooresh Merani of Analyse India told CNBC-TV18, "HCL Technologies has been sluggish for the last one year and as of now, there are no indications of a turnaround on the upside, but in case of Maruti, it has been in a long-term uptrend, so any dips closer to Rs 4,200-4,000 is a buying zone.""One can accumulate Maruti Suzuki over the next few weeks and given a little bit of a short-term downtrend what we are seeing in it, one could get a better price in the next few days. So, accumulate over a period of time, rather than buying it right away," he added.