Motilal Oswal feels markets may continue to fall in near term, and that's the time to start becoming greedy. Hence the brokerage suggests accumulating on a gradual basis.
BSE Sensex shed 37 percent from its record high of 42273.87 touched on January 20, 2020.
The restructuring of Yes Bank has to be seen in the light of failures of the NBFCs, IL&FS and DHFL and the crisis in banks like PMC Bank and PNB.
Nifty on March 4 slid almost 200 points during the day but witnessed a sharp recovery in the second half of the session.
Sudarshan Sukhani of s2analytics.com suggests buying Arvind with stop loss at Rs 42 and target of Rs 46 and HDFC Bank with stop loss at Rs 1200 and target of Rs 1265.
Sudarshan Sukhani of s2analytics.com recommends selling Balkrishna Industries with stop loss at Rs 1089 and target of Rs 1050 and Tata Elxsi with stop loss at Rs 955 and target of Rs 925.
A major theme for 2019 was corporate governance and companies with a good, clean management were rewarded handsomely by the markets – a theme which may well continue in 2020 as well.
Most brokerages feel 2020 could be the year for broader markets to do well
Motilal Oswal, which has a buy call on the stock with a target of Rs 1,500 per share, has said HDFC Bank's operating performance remained strong in a tough environment.
Mitesh Thakkar of miteshthakkar.com recommends buying HDFC Bank with a stop loss below Rs 1282 for target of Rs 1340 and Maruti Suzuki with a stop loss of Rs 7290 for target of Rs 7500.
Sudarshan Sukhani of s2analytics.com advises buying Asian Paint with stop loss at Rs 1,760 and target of Rs 1,820.
Mitesh Thakkar of miteshthakkar.com recommends buying HDFC Bank with a stop loss of Rs 1232 for target of Rs 1265 and JSW Steel with a stop loss of Rs 254 for target of Rs 269.
Among telecom stocks, Morgan Stanley is bullish on Bharti Airtel as it feels the recent tariff hike is a step in the right direction.
Sudarshan Sukhani of s2analytics.com recommends selling Tata Motors with stop loss at Rs 164 and target of Rs 157 and Motherson Sumi Systems with stop loss at Rs 134 and target of Rs 122.
Japanese brokerage firm Nomura says the Supreme Court judgment favours banks and is positive for SBI and ICICI Bank.
Experts expect stock-specific activity to continue and as it is a 'buy of dips' market, recommend buying quality stocks for better returns
Mitessh Thakkar, mitesshthakkar.com recommends buying Amara Raja Batteries with a stop loss of Rs 737 and target of Rs 770 and HDFC Bank with a stop loss of Rs 1259.5 for target of Rs 1300.
Ashwani Gujral of ashwanigujral.com recommends buying Axis Bank with a stop loss of Rs 728, target of Rs 750, HDFC with a stop loss of Rs 2200, target of Rs 2310 and State Bank of India with a stop loss of Rs 310, target of Rs 334.
A good set of numbers for the September quarter, consistent FII inflows should keep the market going up, say brokerages.
Mitesh Thakkar of Miteshthakkar.com is of the view that one may buy DLF with stop loss at Rs 185.5 and target of Rs 200.
FII remained net sellers last week as they sold equities worth Rs 1,272.41 crore.
The BSE and NSE will remain open for an hour on October 27 for the Muhurat Trading.
BSE Smallcap index declined 9 percent, BSE Midcap index down 2 percent, while BSE largecap index added 10 percent in last one year.
Dinesh Thakkar of Angel Broking said though MF inflows this year have slowed down, he was very confident that MF inflows will pick up from here on as market sentiment improves
Use add on dips strategy from henceforth as experts feel bull run has begun with the solid rally seen in second half of September.