Buy JSPL, says Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Jindal Steel & Power (JSPL) from a value investing point of view is my favourite. There is a fundamental news that observations are pretty favourable for the stock. Considering that I put a stoploss below Rs 147, Rs 153 and Rs 155 are the two targets, put a stoploss below Rs 152 and expect Rs 160. It is a buy call from my side, again it is an intraday call."

At 10:30 hrs Jindal Steel & Power was quoting at Rs 157.90, up Rs 7.70, or 5.13 percent. It has touched an intraday high of Rs 160 and an intraday low of Rs 154.50.