The latest analysis and commentary by stock market guru Ashwani Gujral on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about Mahindra & Mahindra Financial Services, VIP Industries, Jindal Steel & Power Ltd (JSPL), Jubilant Foodworks, Havells India, Bata India, Titan Company, Asian Paints, Motherson Sumi Systems, Canara Bank, Mahindra & Mahindra, Union Bank, M&M Financial, RBL Bank, Bank of India, Marico, Escorts, and Pidilite Industries.

“Marico is a buy with a stop of Rs 360 target of Rs 382. Escorts is a buy with a stop of Rs 640 target of Rs 665 and Pidilite Industries is a buy with a stop of Rs 1,120 target of Rs 1,165.”

“M&M Financial is a buy with a stop of Rs 435 target of Rs 460. RBL Bank is a buy with a stop of Rs 560 target of Rs 605 and Bank of India is a buy with a stop of Rs 83 target of Rs 90.”

“Motherson Sumi is a buy with a stop of Rs 154 target of Rs 168. Canara Bank is buy with a stop of Rs 249 target of Rs 264 and Union Bank is a buy with a stop of Rs 34 target of Rs 86.”

“M&M Financial is a buy with a stop of Rs 432, target of Rs 456. VIP Industries is a buy with a stop of Rs 535, target of Rs 560 and JSPL is a buy with a stop of Rs 148, target of Rs 160,” he said.

“Given the scenario that we are in, consumption will see buying. That way, Jubilant Foodworks is a buy with a stop of Rs 1,240, target of Rs 1,285. Havells is a buy with a stop of Rs 685, target of Rs 710. Bata is a buy with a stop of Rs 1,060, target of Rs 1,095. Titan is a buy with a stop of Rs 925, target of Rs 960 and Asian Paints is a buy with a stop of Rs 1,300, target of Rs 1,365. From yesterday, this consumption, building material, home improvement these sort of stocks are showing strength,” he added.

Follow stock recommendations by Ashwani Gujral here: https://www.cnbctv18.com/author/ashwani-gujral-115/

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First Published:Dec 12, 2018 9:01 AM IST