Buy LIC Housing Finance, Kotak Mahindra Bank: Kunal Saraogi

Kunal Saraogi of Equityrush told CNBC-TV18, "After the big run up a lot of people clambered on towards the end of the bull run and we find that we have seen a bit of sell-off but I am not too rattled by the sell-off. The uptrend is still there and after today's correction the uptrend should resume and that is the reason I am recommending long on two financial stocks."

"LIC Housing Finance is my first pick. One could buy at the current level with a target of Rs 515 and the other one that I like is Kotak Mahindra Bank which still holds on to its gains. It can be bought with a target of Rs 1,500," he said.