Buy Uflex, Magma Fincorp, Canara Bank: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Uflex is a buy with a stop loss of Rs 320, target of Rs 342. Magma Fincorp is also a buy with a stop loss of Rs 118 and target of Rs 130. Canara Bank is a buy with a stop loss of Rs 324 and target of Rs 342.""One can try Infosys and Tata Consultancy Services (TCS) but don't get overexcited buying Mindtree or Just Dial, etc, some stocks will continue to go down but the largecap stocks going by the IT index may have found some sort of bottom and if Infosys and TCS hold steady or move up marginally, I do not think the IT index can fall substantially from here," he said.