IT stocks continue to remains under pressure on back of talks of re-introduction of immigration bill which proposes to increase wages from USD 65,000 to USD 100,000.
Shubham Agarwal of Motilal Oswal Securities is of the view that one can sell Axis Bank with a target of Rs 400.
Shubham Agarwal of Motilal Oswal Securities expects Ashok Leyland to move to Rs 95.
Shubham Agarwal of Motilal Oswal Securities recommends selling Bharat Forge for a target of Rs 700-705.
Watch the interview of Rajat Bose, Shubham Agarwal, Prakash Diwan, Prakash Gaba & Siddarth Bhamre with Latha Venkatesh and Sonia Shenoy on CNBC-TV18.