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Last Updated : Dec 28, 2016 10:37 AM IST | Source: CNBC-TV18

Buy Century Textiles, Maruti, RIL, CESC: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Century Textiles, Maruti Suzuki, Sonata Software, Reliance Industries and CESC.


Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Several stocks came back strongly. So, Century Textiles and Industries is a buy with a stop loss of Rs 790, target of Rs 825. Maruti Suzuki is also a buy with a stop loss of Rs 5,180, target of Rs 5,350."

"A lot of stocks that did make a fresh low when the market broke 7,900, those are the kind of stocks that you want to get into. Sonata Software has been extremely strong. It is a buy with a stop loss of Rs 185, target of Rs 200. Reliance Industries kept on moving sideways while the market fell, that is a buy with a stop loss of Rs 1,055, target of Rs 1,085. CESC is a buy with a stop loss of Rs 620, target of Rs 645," he added.

"Bajaj Finance and Bharat Financial Inclusion and M&M Financial Services are the stocks that are likely to do the best. If you look at the top gainers on an index basis, you will find real estate, media, IT, metal - these are places where you look for particularly rupee breaking 68 per dollar, stocks like Sonata Software etc, those smaller software companies could again do well."


Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com.

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First Published on Dec 28, 2016 09:22 am
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