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Ashwani Gujral on January 15: Buy Aurobindo Pharma & sell ICICI Bank, Canara Bank
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Ashwani Gujral on January 15: Buy Aurobindo Pharma & sell ICICI Bank, Canara Bank
Jan 14, 2019 11:50 PM

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 Bajaj Finance, Glenmark Pharma, Jindal Steel and Power Ltd (JSPL), National Aluminium Company (NALCO), Kotak Mahindra Bank, Yes Bank, Reliance Industries, HDFC Bank, L&T Finance, Indiabulls Housing, Infosys, Sun Pharmaceutical, Tech Mahindra, Kolte-Patil Developers, Hindustan Petroleum Corporation (HPCL), ICICI Bank, Canara Bank, and Aurobindo Pharma.

Recommending stock specific ideas, Gujral said, "ICICI Bank is a sell with a stop of Rs 375 target of Rs 360. Canara Bank is a sell with a stop of Rs 281 target of Rs 268 and Aurobindo Pharma is a buy with a stop of Rs 775 target of Rs 800.”

“Tech Mahindra is a buy with a stop of Rs 690 target of Rs 725. Kolte-Patil which is a buy with a stop of Rs 260 target of Rs 276 and HPCL is buy with a stop of Rs 234 target of Rs 248.”

"Reliance Industries is a buy with a stop of Rs 1,100 and target of Rs 1,145. HDFC Bank is a buy with a stop of Rs 2,100 and target of Rs 2,165. Infosys is a buy with a stop of Rs 720 and target of Rs 745.”

“NBFCs post the morning dip are now beginning to come back. Banks are also doing better than they did in the morning. So L&T Finance is a buy with a stop of Rs 137 and target of Rs 145. Indiabulls Housing is a buy with a stop of Rs 795 and target of Rs 820. Infosys is a buy with a stop of Rs 710 and target of Rs 735," he added.

“JSPL is a sell with a stop of Rs 148, target of Rs 136. NALCO is a sell with a stop of Rs 63, target of Rs 57, Kotak Mahindra Bank is seeing consistent selling, so that is a sell with a stop of Rs 1,225, target of Rs 1,180. Bajaj Finance is a buy with a stop of Rs 2,520, target of Rs 2,600 and Glenmark is a buy with a stop of Rs 660, target of Rs 685,” he said.

Follow stock recommendations by Ashwani Gujral here:

https://www.cnbctv18.com/author/ashwani-gujral-115/

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

First Published:Jan 15, 2019 8:50 AM IST

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