Buy JSW Energy, advises Monal Desai

Monal Desai of Sunidhi Securities told CNBC-TV18, "JSW Energy after the results has corrected. It was trading at around Rs 124 prior to the results but then seems to have consolidated on Rs 108-109., so, recommending a buy. The target comes to Rs 119, so would leave a stoploss of Rs 105.50 for target of Rs 119."

At 13:29 hrs JSW Energy was quoting at Rs 109.40, up Rs 1.80, or 1.67 percent. It has touched an intraday high of Rs 110.65 and an intraday low of Rs 107.75.