Avoid Reliance Industies for now: Ashwani Gujral

Ashwani Gujral, Fund Manager, Ashwanigujral.com, talks to ET Now on various stocks.

What is your call on Reliance Industries?

Reliance as long as 750 holds on, as the market moves up, maybe it will drag Reliance along with this and maybe 815-820 but it is not a buy idea. If you have to buy, you will probably buy something in infrastructure or banking, then go ahead and buy Infosys or Reliance which are laggards.