HomeNewsBusinessStocksBuy Sobha, HDFC Bank, Maruti; PNB looks strong: Ashwani Gujral

Buy Sobha, HDFC Bank, Maruti; PNB looks strong: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com recommends buying Sobha and HDFC Bank and feels that Punjab Natiobal Bank looks strong.

June 17, 2016 / 14:12 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Sobha has gone up about 5-6 percent today. All reality stocks are higher, so that is a buy with a stop loss of Rs 310 for target of Rs 345. HDFC Bank is a buy with a stop loss of Rs 1,160 for target of Rs 1,210. Maruti Suzuki is a buy with a stop loss of Rs 4,100 and target of Rs 4,250.""You are getting mild kind of decline on State Bank of India (SBI) and Bank of Baroda (BoB), generally those declines can be used to buy but Punjab National Bank (PNB) looks very strong in the PSU banking space," he said. "V-Guard Industries is not a great buyer. However, you should buy closer to Rs 1,250 to 1,300. Overall in an uptrend, it is kind of portfolio stock, so anytime you get few days of decline, it should be bought."

first published: Jun 17, 2016 02:12 pm

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