Moneycontrol
Jan 28, 2013 03:36 PM IST | Source: Moneycontrol.com

Market to pause for breather; check Macquarie's top 10 bets

Brokerage house Macquarie of the view that the market will now pause for a breather, and resume its uptrend only after consolidating its recent gains.

Market to pause for breather; check Macquarie's top 10 bets

Moneycontrol Bureau


Brokerage house Macquarie of the view that the market will now pause for a breather, and resume its uptrend only after consolidating its recent gains.


"The results season has acted as a reality check and stocks that had run well ahead of fundamentals have tumbled," says the Macquarie strategy note.


 Following are the top ten stocks on Macquarie's 'Focus List'. The brokerage has an 'outperformer' rating on all of them.



Stock                                Target price
Axis Bank                            Rs 1625
Bharti Airtel                        Rs   425
Coal India                          Rs   450
DLF                                    Rs   305
Jindal Steel and Power          Rs   722
Larsen & Toubro                   Rs  1834
Maruti Suzuki India               Rs  1600
NTPC                                   Rs   216
State Bank of India               Rs   2800
Tata Motors                         Rs    370

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