Watch the interview of Meghana V Malkan of malkansview.com who shared her readings and outlook on specific stocks and sector & Hemant Rustagi of Wiseinvest Advisors answered few personal finance queries.
Below is the verbatim transcript of Meghana V Malkan interview with CNBC-TV18:
Aurobindo Pharma
Pharma sector is a good sector. It is comparatively safer when you compare it to other sectors. Aurobindo Pharma definitely looks very good in the short-term. So, one could hold on for a target of Rs 1,600 in the near-term. One could keep a stoploss of Rs 1,360.
Stocks
Hindustan Petroleum Corporation (HPCL) is certainly a very good stock. I see a target of around Rs 900 coming on this counter in a very short-term. And regarding the overall view in the Multi National Company (MNC), HPCL and BPCL are better compared to IOC. So, one could go with HPCL or BPCL, both are equally good
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