Rajesh Agarwal of AUM Capital recommends buying Indo Count Industries with stop loss at Rs 83 and target of Rs 90, Axis Bank with stop loss at Rs 560 and target of Rs 595 and Reliance Nippon Life with stop loss at Rs 262 and target of Rs 278.
On a year-on-year basis, average AUM increased 19.8 percent (Rs 3.9 trillion) in June 2018
Experts said investors will be better off betting on stocks that are showing growth momentum and those that will benefit from the spending push by the government ahead of elections.
Rajesh Agarwal of AUM Capital recommends buying Century Enka with stop loss at Rs 259 and target of Rs 272, Marico with stop loss at Rs 343 and target of Rs 360 and Bajaj Finance with stop loss at Rs 2390 and target of Rs 2450.
With challenges on the macro front and increasing political headwinds faced by the BJP heading into the 2019 general elections, Prabhudas Lilladher believes traders are likely to remain cautious
Rajesh Agarwal of AUM Capital recommends buying Reliance Infrastructure with stop loss at Rs 432 and target of Rs 453, Power Finance Corporation with stop loss at Rs 79 and target of Rs 86 and NIIT Technologies with stop loss at Rs 1117 and target of Rs 1153.
Shares of Maruti Suzuki rallied over 1,000 percent, followed by HDFC Bank (766 percent), TCS (713 percent), and M&M (540 percent) in the last 10 years.
“I do have a few substitutes to juice up the portfolio, if conditions change,” says Ayon Mukhopadhyay of IIFL Institutional Equities for UK and Europe
Here is a list of top 10 stocks handpicked by Emkay Global that could return 13-85 percent over the next 12-18 months
A rate hike is something which might not be taken in a positive light by most of the sectors
Prakash Gaba of prakashgaba.com advises buying ACC with a target at Rs 1400.
Rajesh Agarwal of AUM Capital recommends buying Infosys with stop loss at Rs 1197 and target at Rs 1246, a buy in Coal India with stop loss at Rs 274 and target of Rs 288 and a buy also in Housing Development Finance Corporation with stop loss at Rs 1775 and target at Rs 1845.
"HDFC Bank is our top pick in private banking space and our structurally bullish on it for next 10 years as well. We prefer the bank over its peers owing to better governance, strong asset quality and high return on asset," says Akash Jain, Vice-president, Equity Research at Ajcon Global Services.
On a year-to-date (YTD) basis, as many as six out of 10 stocks failed to even match the Sensex’s return of 1.09 percent.
"Nifty has to cross 10,555 levels decisively for further upmove. Sustenance trade above 10,555 marks may add momentum on upside till 10,650-10,670 levels," says RajeshAgarwal of AUM Capital.
Prakash Gaba of prakashgaba.com recommends buying CG Power with target at Rs 84 and stop loss at Rs 81.50, a buy on ITC with target at Rs 275 and stop loss at Rs 265 and a buy also on Jet Airways with target at Rs 680 and stop loss at Rs 630.
"Nifty has immediate resistance zone at 10,420-10,440 levels. Crossing this zone on sustainable basis, next zone for index is seen at 10,560-10,630 where 50 percent of rise and February congestion highs are seen," Ashish Chaturmohta, Head Technical and Derivatives at Sanctum Wealth Management said in an exclusive interview with Moneycontrol's Kshitij Anand.
"Above 10,250 levels, the index can rally towards 10,420-10,500 levels where next cluster of resistances are seen. On the downside index has immediate resistance at 10,095 levels, breaking below this next support is at 9,950-9,920 levels," says Ashish Chaturmohta, Head Technical and Derivatives at Sanctum Wealth Management.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC Bank, Maruti Suzuki and Divi's Lab and can sell Tata Steel.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy UPL, Tech Mahindra, HDFC Bank and Ajanta Pharma and can short Balrampur Chini.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jindal Steel & Power and can buy HDFC Bank and Motherson Sumi Systems.
Rajat Bose of rajatkbose.com recommends buying Titan Company, HDFC Bank and Jubilant Foodworks.
Rajat Bose of rajatkbose.com recommends buying Jubilant Food, HOEC, OIL and HDFC Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Wipro, Divis Labs, HDFC Bank, Bajaj Finserv and LIC Housing and can sell Cummins India and Engineers India.
Ashwani Gujral of ashwanigujral.com suggests selling HDFC Bank and Canara Bank.