Buy Capital First, Karnataka Bank, Ambuja Cements: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Today a lot of these rural style financials are doing well. So, Capital First is a buy with a stop loss of Rs 530, target of Rs 560. Karnataka Bank is a buy with a stop loss of Rs 120, target of Rs 132.""Ambuja Cements is a buy with a stop loss of Rs 223, target of Rs 238. Idea Cellular has been extremely rangebound between Rs 100 and Rs 130. So it is probably starting a fresh upswing. So it is a buy right now but it is not the best stock. You have enough rural consumption and agri-type of plays and private banks, so I don’t think Idea should be on top of your list," he said.