Buy Motilal Oswal, BPCL, Tata Global: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Motilal Oswal Financial Services is a buy with a stoploss of Rs 1,360 and target of Rs 1,410. BPCL is a buy with a stoploss of Rs 500 and target of Rs 535. Tata Global Beverage is a buy with a stoploss of Rs 288 and target of Rs 302."

He further added, "Auto stocks have been in correction even earlier. So Bajaj Auto can easily get back towards Rs 3,000-3,050. Similarly, Hero Motocorp, still in correction. So, autos overall, other than a Maruti Suzuki are not doing very well."

"Hero Motocorp is now below its 200-day moving average which is at Rs 3,600. So all of this will create some amount of bottoming of these stocks. Eicher Motors has broken its 200-day moving average, so I think probably these two-three year run of autos may slow down for a while."