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Long-term reains very promising for India: SBI MF's Gaurav Mehta 

Gaurav Mehta, CIO-Alternatives at SBI Mutual Fund, believes the long term will remain "very promising" for India. "But I think that said we shouldn't also wish away whatever we are seeing with respect to short-term macro concerns... Most of them are but global in nature," he tells CNBC-TV18. 

"With a large part of the global economy sort of struggling, it is difficult to see how even though on a relative basis India will withstand that better... But on an absolute basis, I think we will also face some of those concerns coming from a weak global macro."

Buy Larsen & Toubro Infotech, Bharti Airtel: Himanshu Gupta

Here are two recommendation by Himanshu Gupta of Globe Capital:
-- Buy Larsen & Toubro Infotech for a target of Rs 4,600 with a stop loss at Rs 4,440 
-- Buy Bharti Airtel for a target of Rs 830-835 with a stop loss at Rs 802 

Reliance Industries, L&T, HDFC Bank, ICICI Bank to be top gainers in next few weeks: Pritesh Mehta
"The next leg of upmove will be driven by Reliance Industries, L&T, HDFC Bank and ICICI Bank," according to Pritesh Mehta of Yes Securities. "These stocks will be the leaders in the next few weeks."

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

Buy Glenmark Pharmaceuticals, Avenue Supermarts: Gaurav Ratnaparkhi

Here are two recommendations by Gaurav Ratnaparkhi of Sharekhan:
-- Buy Glenmark Pharmaceuticals for a target of Rs 425-427 with a stop loss at Rs 389 
-- Buy Avenue Supermarts for a target of Rs 4,700 with a stop loss at Rs 4,330