Bajaj Finance holds the unique distinction of featuring in the top 10 of both biggest and the fastest wealth creators.
Sudarshan Sukhani of s2analytics.com suggests buying Bata India with stop loss at Rs 860 and target of Rs 920, Dabur India with stop loss at Rs 400 and target of Rs 420 and Voltas with stop loss at Rs 520 and target of Rs 544.
Going forward, the Nifty is likely to consolidate within the range of 10,000 and 10,450. A decisive breakout on either side will confirm the future trend
Rajesh Agarwal of AUM Capital recommends selling Wipro with stop loss at Rs 315 and target of Rs 300 and Interglobe Aviation with stop loss at Rs 847 and target of Rs 780.
Macquarie has recently upgraded its Nifty50 target to 12,000 for March 2019. It expects largecaps to perform better than midcaps as the latter is still vulnerable from valuations and flows
Use the dips in the market to accumulate or buy into quality stocks.
Tight liquidity conditions combined with specific credit issues (IL&FS) led to a big reset for NBFCs as well as housing finance companies (HFCs).
Citigroup highlights top 10 stock ideas which could give decent risk-to-reward to investors
Experts feel that the pain in NBFC stocks are likely to continue in the near term and any corrections in some of the stocks are a golden opportunity to buy.
Sudarshan Sukhani of s2analytics.com suggests buying Reliance Industries with stop loss at Rs 1240 and target of Rs 1275, KPIT Tech with stop loss at Rs 306 and target of Rs 315 and Tata Consultancy Services with stop loss at Rs 2060 and target of Rs 2130.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bharat Forge above Rs 695, stop loss of Rs 682 and target of Rs 720 and Bharti Airtel with a stop loss of Rs 384 and target of Rs 400 and can sell Just Dial with a stop loss of Rs 547.5 and target of Rs 515.
Duggad is currently bearish on Idea Cellular, Bharat Heavy Electricals and Tata Power.
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.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland with a stop loss of Rs 118, target of Rs 126 and can sell HDFC with a stop loss of Rs 1945, target of Rs 1890 and Larsen & Toubro with a stop loss of Rs 1300, target of Rs 1240.
Most economists expect the MPC to keep policy rates unchanged but its commentary would be a key thing to watch out for
Hadrien Mendonca of IIFL suggests buying SBI with a target Rs 315.
“If the Nifty holds 10,929 levels, it can bounce towards 11,000-11,020 levels.For the uptrend to continue, 11,080 needs to be taken out decisively,” says Ashish Chaturmohta of Sanctum Wealth Management
On a year-on-year basis, average AUM increased 19.8 percent (Rs 3.9 trillion) in June 2018
Ashwani Gujral of ashwanigujral.com advises buying Asian Paints with a target of Rs 1410.
Traders and investors may once again accumulate blue-chip stocks on dips around dual supports placed around 10,700 and 10,680, says Jaydeb Dey of Stewart & Mackertich Wealth Management Ltd.
Mitessh Thakkar of mitesshthakkar.com iis of the view that one can sell CESC with a stop loss of Rs 991, target of Rs 950, HDFC with a stop loss of Rs 1840, target of Rs 1790 and buy Bata India with a stop loss of Rs 799, target of Rs 855.
Global research firm CLSA is betting on HDFC attractive valuations as well as acceleration in earnings growth head.
CLSA has maintained Buy call on HDFC with a target price at Rs 2,200 per share, saying the housing finance company is among top picks in the sector.
Mitessh Thakkar of mitesshthakkar.com recommends buying Page industries with a stop loss of Rs 24900 and target of Rs 27000 and Marico around Rs 335 with stop loss of Rs 327 and target of Rs 351.
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.