Motilal Oswal believes merchant capacities with low variable cost will either be able to seek power purchase agreements (PPAs) or realise better margins in merchant sales.
Prakash Gaba of prakashgaba.com is of the view that one can buy Apollo Hospitals with target at Rs 1060 and stop loss at Rs 1020 and also buy Power Grid with target at Rs 205 and stop loss at Rs 198 while advises selling Indian Oil Corporation with target at Rs 163 and stop loss at Rs 170.
“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
Pharmaceutical majors Cipla and Dr Reddy’s Labs will announce Q4 earnings on Monday while OMC majors IOC and HPCL will declare their results on same day.
With the improvement in the capitalisation-to-capex ratio, steady regulated Return on Equity (ROE), the research firm is of the view that Power Grid fundamentals would continue to remain strong.
Here is the list of 20 stocks that could give up to 50 percent return over a period of one year.
"We are expecting an upside move in the counter up to to the level of Rs 220-225 while downside support comes at Rs 195 level," says Sumeet Bagadia, Associate Director, Research at choiceindia.com.
"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.
Now all eyes are on corporate earnings and Karnataka elections along with crude oil movement, experts suggest.
Here is the list of top 17 stocks that can give up to 99% return.
As the market already corrected in the last two months with a price damage of around 10 percent the incentives for bears after Friday’s gap down opening appears to be little.
Here is a list of top buy or sell ideas by experts for the coming week which could give up to 13% return.
Nomura has initiated coverage with Buy call on Tejas Networks and set a target price at Rs 430 per share.
The Nifty50 is expected to open flat on Monday following muted trend is seen in other Asian markets and weak handover from Wall Street.
Investors should view markets with sector and stocks specific approach and we don’t recommend to add aggressive shorts but wait for a pullback, Manav Chopra, CMT, Head Research- Equity, Indiabulls Ventures Ltd, said in an interview to Moneycontrol's Kshitij Anand.
If the market in its own wisdom decides to breach 9900 level then major support appears to be in the zone of 9736 – 9685 levels, Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in, said in an interview to Moneycontrol's Kshitij Anand.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer Power Grid.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell SBI, DLF and Axis Bank and can buy NTPC and Power Grid.
Dalmia Bharat, SBI and Ashok Leyland, among others are being tracked by investors on Thursday.
Sandeep Wagle of powermywealth.com
Zee Entertainment,Indiabulls Housing,Eicher Motors,Asian Paints,Power Grid
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Hexaware and Amara Raja Batteries.
Ashwani Gujral of ashwanigujral.com recommends buying Delta Corp with a stop loss of Rs 312, target of Rs 328 and GSFC with a stop loss of Rs 154, target of Rs 168.
Amit Gupta of ICICIdirect