May 07, 2013, 06.32 PM | Source: CNBC-TV18
Nitin Jain of Edelweiss Securities is of the view that one can take long positions in Tata Steel and Hindalco Industries.
Nitin Jain (more)
CEO- Global Asset & Wealth Management, Edelweiss Financial Services | Capital Expertise: Equity - Fundamental
Jain told CNBC-TV18, “Metals have been beaten down quite a lot for the last year or so and they just seem to be having bottomed out. So from a short-term point of view you can take long positions in stocks like Tata Steel and Hindalco Industries.”
“You might just get 15-20 percent upside over the next two-three months, but these are not stocks that we are betting on from a long-term point of view. These are only trading calls,” Jain added.
Sandeep Wagle of powermywealth.com advises buying
Here are a few top buzzing midcap stocks picked by
Hindalco Industries has informed that the 57th Ann
Hit by oversupply and depressed prices of metals,
Hindalco Industries Ltd has informed BSE that the