Indian markets witnessed a breakout on May 27 as the bulls pushed the S&P BSE Sensex by over 1,000 points to close above 31,000 while the Nifty reclaimed the vital 9,300 level.
Trends on SGX Nifty indicate a positive opening for the index in India with a 58 points gain. The Nifty futures were trading at 9,355 on the Singaporean Exchange.
In an interview to CNBC-TV18, top market experts recommend which stocks to bet on for good returns:
Ashwani Gujral of ashwanigujral.com
Buy Reliance Industries with a stop loss of Rs 1,420, target at Rs 1,500
Buy HDFC Bank with a stop loss of Rs 890, target at Rs 925
Buy Kotak Mahindra Bank with a stop loss of Rs 1,200, target at Rs 1,260
Buy UPL with a stop loss of Rs 390, target at Rs 405
Buy BPCL with a stop loss of Rs 320, target at Rs 345
Sudarshan Sukhani of s2analytics.com
Buy Bata India with a stop loss of Rs 1,285, target at Rs 1,350
Buy Bharti Airtel with a stop loss of Rs 550, target at Rs 580
Buy Reliance Industries with a stop loss of Rs 1,430, target at Rs 1,470
Sell ICICI Prudential with a stop loss of Rs 362, target at Rs 345
Mitessh Thakkar of mitesshthakkar.com
Buy Canara Bank with a stop loss of Rs 80, target at Rs 90
Buy ICICI Bank with a stop loss of Rs 307, target at Rs 340
Buy HDFC with a stop loss of Rs 1,554, target at Rs 1,620
Buy State Bank of India with a stop loss of Rs 155, target at Rs 167
Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
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