Buy IDFC, Power Grid: Manoj Murlidharan

Manoj Murlidharan of Religare Securities told CNBC-TV18, "IDFC is a buy. We are expecting good stocks future movement to happen today. The breadth of the market might be positive for at least two third of the time or may be towards the end because we are expecting a positive VWAP to happen. So, IDFC is a buy at Rs 153.50, Rs 149.50 should be the stop loss and we are expecting Rs 159 in it."

"We have a buy call on Power Grid. However, the stock would come up with results today so even if we have to trade, the level should be on a strict stop loss basis. Keep a stop loss of Rs 140 and we expect close to Rs 148 in the stock," he said.