Book profits in JP Associates, DLF, SBI: Hemant Thukral

Hemant Thukral of Aditya Birla Money told CNBC-TV18, "If it is a question of profit booking then obviously I would choose the stocks which have run-up the most in last one week. I would choose something like Jaiprakash Associates and DLF because they have seen a big short covering rallies and no extra-ordinary open interest on the long side has been seen. So I would pick and choose and start getting out of some profits from there."

"Among the banks one can start booking profits in Axis Bank and YES Bank because YES Bank's and State Bank of India's (SBI) entire rally has come back on the short covering. So in these three banks I would like to book some profits and take from the table. Again they do qualify as buying on dips but definitely from these levels I am seeing some profit taking coming in these stocks," he said.