Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Basically, when the markets are in the bear grip, 90 percent of stocks go down. So even if some positive news takes certain stocks higher, they will come under pressure like we have seen with housing finance. Housing generally gets something positive from the Budget but HDFC is making new lows, LIC Housing is also coming down. So, it is a question of a market trend.""Chances are that market will come down post the Budget. So, I don’t think getting into financials on these arguments is a safe idea because financials overall are under a cloud," he said."The problem with Maruti Suzuki and HDFC, whether they are quality or not, they are over-owned and till that over-ownership is there by the FIIs, that is where they have profits and that is where they are going to sell. So while Maruti can have a small pullback rally maybe towards Rs 3,700-3,750, it is quite possible if the market has to go down, both these stocks will make fresh lows. At least Rs 950-970 is possible on HDFC. In Maruti, we can finally get closer to levels of maybe Rs 3,100-3,200. So do not buy even if you see a green tick on stocks like Maruti."
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