Houseviews: 10 stocks that could save your portfolio

Published on Sun, Jul 03, 2011 at 10:28 |  Source : Moneycontrol.com

Updated at Tue, Jul 05, 2011 at 15:41  

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Houseviews: 10 stocks that could save your portfolio

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The past week saw a reversal in trend in the market that has been in the red for a while now. The Nifty rose 2.9% and the Sensex corrected 522 points upwards, closing at 18,762 at the end of the week. All sectors closed in the green, except oil and gas which continued its downtrend adding another 0.05% owing to pressures due to policy changes. Contributions from Cairn India and ONGC could not hold up against the drag down of 38% that Reliance Refineries had in the space.

Analysts across the board expect the bears to take over market momentum from here on.  They are, however, divided on the strength of decline.

For a view on what could add value to your portfolio in such tumultuous times, here is a compilation of the 'buy' calls that various brokerages have given over the week.

Brokerage Company Rating Target (Rs)
BoA-ML Reliance Industries Buy 1071
Citi Indraprastha Gas Buy 425
UBS Carborundum Universal Buy 360
IIFL Institutional Equity Apollo Tyres Buy 109
CLSA BHEL Buy 2,500
Anand Rathi VST Buy 1152
Macquaire CESC Outperform 381
Bonanza Portfolio Jubilant Foodworks Buy 1200
Fortune Interfinance Bharti Airtel * Buy 360
LKP Delta Corp Buy

130

 

 

 

 

 

 

* Already achieved

  

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