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Ashwani Gujral on January 24: Sell Mahindra & Mahindra Financial Services, Tata Motors & buy Godrej Properties

Updated : January 24, 2019 02:15 PM IST

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 IndusInd Bank, NIIT Technologies, Reliance Industries Ltd (RIL), Canara Bank, Power Finance Corporation (PFC), ICICI Bank, State Bank of India (SBI), Punjab National Bank (PNB), Sun TV, Petronet LNG, Bata India, United Spirits Ltd (USL) and Bharat Heavy Electricals Ltd (BHEL), Mahindra & Mahindra Financial Services, Tata Motors, and Godrej Properties.

"Mahindra & Mahindra Financial Services is a sell with a stop of Rs 430 target of Rs 405. Tata Motors is a sell with a stop of Rs 178 target of Rs 164 and Godrej Properties is a buy with a stop of Rs 735 target of Rs 760."

“IndusInd Bank is a sell with a stop of Rs 1,500, target of Rs 1,460. ICICI is a sell with a stop of Rs 368, target of Rs 354. NIIT Technologies is a buy with a stop of Rs 1,295, target of Rs 1,340,” he said.

“RIL is a buy with a stop of Rs 1,240, target of Rs 1,275. Canara Bank is a buy with a stop of Rs 258, target of Rs 272 and PFC is a buy with a stop of Rs 100, target Rs 108,” he added.

“ICICI Bank is a buy with a stop of Rs 264, target of Rs 278. SBI is a buy with a stop of Rs 284, target of Rs 298 and PNB is a buy with a stop of Rs 76, target of Rs 84,” said Gujral.

“Sun TV and in general media space looks like it has made some sort of a bottom. So that is a buy with a stop of Rs 525, target of Rs 540. USL is a sell with a stop of Rs 585, target of Rs 560. BHEL is a sell with a stop of Rs 71, target of Rs 64. Petronet LNG is a buy with a stop of Rs 220, target of Rs 236 and Bata is a buy with a stop of Rs 1,145, target of Rs 1,180,” he further mentioned.

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

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.

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