Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Yesterday all of these broking related stocks, they did poorly. So, possibly if you have to do NBFCs, try to get into Edelweiss, Motilal, etc. because they have come off the highs. You will not get big corrections there but I think yesterday was a bad day for even Can Fin Home and Indiabulls Housing. So, each time you get a correction to these levels -- the more problems these corporate lenders and farm lenders have, the more money will get concentrated into lending to retail. So, chances are that more money will get attracted to these guys, not less."
He further added, "Indraprastha Gas is a buy with a stoploss of Rs 1,080 and target of Rs 1,140. Raymond is a buy with a stoploss of Rs 735 and target of Rs 765. Jain Irrigation is a buy with a stoploss of Rs 106 and target of Rs 118."
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