Buy TCS, Asian Paints, TVS Motor: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "As far as individual stocks are concerned Asian Paints is a buy with a stoploss of Rs 1,155, target of Rs 1,210. Tata Consultancy Services is a buy with a stoploss of Rs 2,600, target of Rs 2,750. TVS Motor is a buy with a stoploss of Rs 770, target of Rs 795."

He further added, "HDIL etc., I don’t think are going to create great wealth, but the non F&O real estate stocks like Prestige, Godrej Properties, Sobha etc. they seem to have started a fresh new bull market and that is one that is likely to continue for a while. Meanwhile, HDIL also may have collateral rally but I think the big wealth will be created in these non-F&O type real estate stocks."