Prefer HDFC, HDFC Bank, Monsters, NIIT Tech: Ashwani Gujral

Ashwani Gujral ashwanigujral.com told CNBC-TV18, "PSU financials – nobody knows what is going on there. Financials in general are going to have a bad year. PSU financials will have an even worse year. So, if you have to be in something, some financial, at least be in HDFC Bank or HDFC, that will keep you safe. However if you want to make money I think it is still a good idea to buy into tech stocks, midcap IT; Mindtree, Sonata, Hexaware, NIIT Tech, those are good ideas.”

“People have to understand financials was the story last two years, now that game is over for a while,” he added.