Buy Magma Fincorp, Infosys, Punjab National Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "One important thing is that monsoon stocks have come back. So, that is where people should pay attention. Magma Fincorp is a buy with stop loss of Rs 106 for target of Rs 118. Infosys has corrected quite a bit, it is a buy with a stop loss of Rs 1,180 for target of Rs 1,260.""PSU Banks are doing much better than private banks, so Punjab National Bank (PNB) is a buy with a stop loss of Rs 92 for target of Rs 106," he said.