Buy HCC, Bajaj Finserv, Torrent Pharma; sell Cairn: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Construction stocks, post couple of days of consolidation has again restarted, so Hindustan Construction Company is a buy with a stop loss of Rs 34, target of Rs 42. Financial stocks are doing very well so Bajaj Finserv is a buy with a stop loss of Rs 3,050, target of Rs 3,300. I had recommended three pharma stocks yesterday. So I have just gone with one today. Torrent Pharma is a buy with a stop loss of Rs 1,660, target of Rs 1,735. Indiabulls Housing is a sell with a stop loss of Rs 825, target of Rs 790. Cairn India is also a sell with a stop loss of Rs 202, target of Rs 188.""Yes Bank is going through a correction because it had rallied so hard. QIP, etc is an excuse but once we get closer to maybe Rs 1,250-1,275, those levels and if the market starts to turn then chances are that will be a fairly good buying opportunity. So people should look for buying into Yes Bank whenever they start seeing upside at least if it crosses one previous day's worth of high," he said."Dewan Housing Finance has had a massive rally. Certainly, it can continue for another three days but I don’t think there is great risk reward in buying DHFL here. If you get a three-four-five day type of decline, probably it will again qualify as a buy. There is an NBFC bull market, let us not make any mistake about that. All kinds of NBFCs are going to rally. Probably Capital First is a much better NBFC, it has been going sideways for a bit so probably you will get at some point Rs 950-1,000 but Dewan Housing is more likely to correct than go up from here.""You have to go down the list, something like UCO Bank could rally upto Rs 48.50. Smaller banks, which are not very high quality, so financials are getting up there. PSU banks or private banks, all of them have rallied fairly hard. So now to get fresh, good quality ideas, you have to wait for some sort of consolidation which will come. I don’t think right now other than the small banks like Andhra Bank and Allahabad Bank, you have much to go on the upside.