Buy Arvind, Gruh Finance; sell Bharti Airtel: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "You would want to go with the strong banks like HDFC Bank, Oriental Bank of Commerce (OBC), Punjab National Bank (PNB), etc because public sector undertaking (PSU) banks are beginning to show more traction than private banks but overall all sorts of non-banking financial companies (NBFCs) and financials are going to lead this market.""Arvind has broken out, that is a buy with a stop loss of about Rs 315, target of Rs 332. Housing finance is doing well. Arvind, Century Textiles, all these stocks are doing well. Gruh Finance is a buy with a stop loss of Rs 332, target of Rs 348 and Bharti Airtel is a sell with a stop loss of Rs 334, target of Rs 318," he said."HCC probably has bottomed out. Bottoming out for HCC means that it can get up to Rs 70-75, similarly stocks like Punj Lloyd, etc because a lot of these stocks are showing fairly large bars, which means a lot of volume and probably informed people are buying. So, probably finally construction sector is also bottoming out and given that so beaten up, HCC even if it goes up three times, it will be at Rs 60-65. So people who can take that kind of risk, for them probably the turning point on construction has happened."