Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "I think Vedanta clearly on all declines should be bought. We should probably look for targets of Rs 115 to Rs 120 in the days to come. Along with Vedanta, Hindustan Zinc is up 8 percent. I think broadly small stocks are doing well today, so, stocks like Jain Irrigation and Adani Enterprises, those sort of stocks could do well." "Hero Motocorp has restarted a bull market. It was sideways for several months between Rs 2,200 and Rs 2,800 type of zone. Now, we should expect previous highs of about Rs 3,200 and once that is crossed, probably move towards Rs 4,000. However, Rs 3,200 is the first call. I think it is doing a bit better than even Bajaj Auto. So between the two, probably Hero Motocorp is the one we choose," he said."Bajaj Auto has several times returned from Rs 2,600. I think you will see a fairly substantial rally to Rs 3,300-3,400. Possibly the two wheelers will now upstage the four wheelers which has done well over the last couple of years. So, possibly a two wheeler rally is now likely in the next few months."
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