Raja Venkatraman recommends three stocks for 21 July

NeoTrader's Raja Venkatraman has recommended three stocks for 21 July: Ambuja Cements at around Rs 437.80 with a buy above Rs 441 and target of Rs 479, Anthem Biosciences at about Rs 791.55 with a buy above Rs 792 and target of Rs 870, and Five-Star Business Finance near Rs 570.50 with a buy above Rs 573 and target of Rs 625, all with a two-month horizon. Ambuja Cements got a boost from a Bernstein upgrade to Outperform citing an unsustainable valuation gap between India's two largest cement producers. Separately, Indian markets closed lower on 20 July as the Sensex slipped 442 points or 0.57 percent to 77,708 and the Nifty fell 95 points or 0.39 percent to 24,238, pressured by private banking stocks after June-quarter earnings and weak global cues amid rising West Asia tensions.