Ashwani Gujral of ashwanigujral.com advises buying RIL, Hindalco, Syndicate Bank, BOI and Aurobindo Pharma.
Going forward, we expect the market to consolidate and form a good base in the range of 10300–10600. However, we believe this consolidation will make markets healthier and offer an incremental buying opportunity.
Tata Steel, Reliance Industries and steel sector are being tracked by investors on Tuesday.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell L&T, ICICI Bank, Bharti Airtel, Capital First and HPCL and can buy JSW Steel and Escorts.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Ceat and Bajaj Finance.
We expect base formation around the support area will make the market more healthier and pave the way for next leg of upmove.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Balkrishna Industries and Sonata Software.
Mitessh Thakkar of miteshthacker.com suggests buying Amara Raja Batteries and Cholamandalam Investment.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, Rural Electrification Corporation and Ceat.
Ashwani Gujral of ashwanigujral.com suggests buying Bharat Forge, Balkrishna Industries and Sun TV Network.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ICICI Bank, Infosys, Divis Laboratories, Interglobe Aviation and BPCL and can sell Cadila Healthcare.
Investors should utilise ongoing correction as an opportunity to accumulate quality stocks in a staggered manner. The sharp recovery during current week’s panic low of 10,300 indicates presence of buying support at lower levels.
SBI and Reliance Industries can keep the index under pressure for some time and that is why writing Call options may be a wise decision in this particular expiry," says Amit Gupta of ICICIdirect.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NIIT Technologies and Tata Consultancy Services and can sell Jubilant Foodworks.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities recommends buying RIL, IndusInd Bank, Tata Steel, Bajaj Auto and Bata India.
The brokerage house believes that more users and dominant share could offset the tariff cut impact, it said in its report.
Chandan Taparia of Motilal Oswal Securities is of the view that one can buy Reliance Industries, Vedanta and HDFC Bank and can sell Hindustan Petroleum Corporation.
Maruti, DRL and UPL, among others, are being tracked by investors on Monday.
With the Union Budget to be announced next week it is advisable to remain cautious and sticking to stock specific activity should be adhered to in the short term.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy RIL, Berger Paints, IndusInd Bank and NCC and can sell PNB and Bank of Baroda.
Chandan Taparia of Motilal Oswal Securities recommends buying Reliance Industries, LIC Housing Finance and Larsen & Toubro.
Ashish Kyal of Waves Strategy Advisors advises buying Delta Corp with a target of Rs 378.
Mitessh Thakkar of miteshthacker.com suggests buying Reliance Industries, Majesco, BHEL and Godrej Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, ICICI Prudential and Godrej Properties.
Lots happening in the oil and gas space. The Oil and Natural Gas Corporation (ONGC)-Hindustan Petroleum Corporation Ltd (HPCL) deal is through its final lap. As well, Reliance Industries Ltd (RIL) has posted strong numbers. In an interview with CNBC-TV18, Harshvardhan Dole of IIFL shared his views and readings on the same.