Sudarshan Sukhani of s2analytics.com advises buying ICICI Bank with a stoploss of Rs 355 and target of Rs 368.
The S&P BSE Sensex rose nearly 6% while the Nifty50 rallied a little over 3% in the year 2018. However, the big carnage was seen in the broader market. The S&P BSE Mid-cap index fell by 13% while the S&P BSE Small-cap index was down by 24% in the year 2018.
As we step into the New Year, analysts expect low volumes during the week, as worldwide financial markets will remain closed on Tuesday on account of a New Year day.
On the institutional front, FPIs pulled out net Rs 326 crore from Indian markets while DIIs were bet buyers to the tune of Rs 321 crore, according to provisional data.
In an interview to CNBC-TV18, top market experts recommend which stocks to bet on for good returns:
Ashwani Gujral of ashwanigujral.com
Buy Aurobindo Pharma with a stoploss of Rs 726, target Rs 750
Buy Pidilite Industries with a stoploss of Rs 1090, target Rs 1135
Sell Maruti Suzuki with a stoploss of Rs 7500, target Rs 7360
Buy Kotak Mahindra Bank with a stoploss of Rs 1240, target Rs 1285
Sell Hero Motocorp with a stoploss of Rs 3130, target Rs 3050
Sudarshan Sukhani of s2analytics.com
Buy ICICI Bank with a stoploss of Rs 355 and target of Rs 368
Buy Kajaria Ceramics with a stoploss of Rs 488 and target of Rs 505
Buy Kotak Mahindra Bank with a stoploss of Rs 1235 and target of Rs 1275
Buy Sun Pharma with a stoploss of Rs 422 and target of Rs 440
Sell CESC with a stoploss of Rs 680 and target of Rs 655
Mitessh Thakkar of mitesshthakkar.com
Sell CESC with a stoploss of Rs 680.5 and target of Rs 645
Buy CONCOR with a stoploss of Rs 674 and target of Rs 720
Buy DCB Bank with a stoploss of Rs 166.5 and target of Rs 175Buy JSW Steel with a stoploss of Rs 301 and target of RS 318
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