Buy Bharti Airtel, IVRCL: SBI Cap Securities

Jitender Kumar, CMT, SBI Cap Securities Ltd one can buy Bharti Airtel on decline. Buy IVRCL with a target of Rs 52.

Kumar told CNBC-TV18, “I would like to see if there is any dip for the next Monday or Tuesday, I would like to suggest buying in Bharti Airtel. This stock has been very resilient in the recent days and I think very good accumulation has happened and volume accumulation delivery and all the suggest very good buying has happened. To me, I would buy this stock on dips to Rs 300-298 levels.”
He further added, “I am bullish on the infrastructure sector and IVRCL in particular with a promise – I would like to buy this stock at Rs 45 levels with a target of Rs 52 levels.” Disclosure: I don’t hold any position in the above mentioned stock.