Buy Yes Bank, Apollo Tyres, PNB; sell HDFC, ITC: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Chances are that Yes Bank has bottomed out because it hit a strong low and from there it has bounced back. So, if you have to buy any bank it is probably Yes Bank right now." "Apollo Tyres is a buy with a stop loss of Rs 210 and target of Rs 226. HDFC is a sell with a stop loss of Rs 1,430 and target of Rs 1,385. ITC is also a sell with a stop loss of Rs 266 and target of Rs 250," he said. "Pharmaceutical index is up about 0.6. All kinds of pharmaceutical stocks whether it is Aurobindo Pharma, Torrent Pharma, Glenmark Pharma, Ajanta Pharma, everything seems to be looking up. So, this is a good time to get into pharmaceutical stocks maybe for next two to three weeks.""Punjab National Bank (PNB) is doing better than the private sector banks. So, that is something you can still get in and buy into. Probably you will see levels of Rs 160-165 at some point on PNB." "As far as logistics stocks are concerned, entire midcap is doing well. Given that they are moving up now beyond GST also, it is a positive, so, in Allcargo Logistics maybe you can get Rs 225-230," he added.