Buy Bharti Airtel on dips: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about telecom stocks.

While we have seen the movement in a Bharti, Idea of late, an R Comm has been the disappointing one. What is the overall sense on either of the three?

Bharti should be bought on declines if it probably gets down to levels of 385-390. Chances are that you will make money once you are in the right direction. If R Comm is disappointed, there is no sense in trying to get into that. The problem is that this will be a selective market, some stocks will do well, others will not participate, so try to get into stocks, which are participating instead of trying to get into ones, which have not moved, so Idea and Bharti whenever they correct, you should try to get into them on the long side.