Prefer SKS Microfinance, M&M Financial on dips: Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "The microfinance is the new sector which people don’t have much exposure to and these stocks probably will become multiples of where they are before the bubble is burst and things start to go wrong.""So, definitely on all corrections SKS Microfinance, Mahindra & Mahindra Financial, even Bajaj Finance between this Rs 7,300-7,500 zone if you can get it, I think much higher levels to go. Everybody will own them, that is when things become over owned and they start to decline. I think still ways to go for that point to come," he added.SKS Microfinance closed at Rs 679.30, up Rs 1.15, or 0.17 percent on the BSE.