Short Union Bank, BOI; Eicher Motors may head lower: Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "The market is now gaining a bit of momentum on the downside. So, Maruti Suzuki definitely seems like it is going to have a bad day. So, that is one of the short calls and probably we will see Rs 3,350 on the downside.""Similarly, PSU banks are breaking down, so stocks like Union Bank of India or Bank of India (BOI) can be shorted. On autos stocks which have rallied significantly something like Eicher Motors could see downside. So autos, PSU banks and even the FMCG could face pressure today," he said.