Buy NIIT, Aarti Industries; sell Arvind: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Today, midcaps are doing much better than largecaps. So, NIIT is a buy with a stop loss of Rs 78 and target of Rs 90. Aarti Industries is also a buy with a stop loss of Rs 690 for target of Rs 725. Arvind is a sell with a stop loss of Rs 345 and target of Rs 330.""Reliance Industries is coming out of the woodwork, so commodities did very well in the 2003 -2008 timeframe. A lot of people weren’t there and they should remember that Reliance basically with all its babies let the entire bull market, so maybe after many years it is looking good for some outperformance," he added. Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com.