Ashwani Gujral of ashwanigujral.com advises buying Vedanta, Tata Steel and JSW Steel while he feels that Kotak Mahindra Bank is likely to hit Rs 1250.
Bharti Infratel continued its dominant form from last week as the stock was the most active gainer in the Nifty, gaining over 2.47 percent followed by Vedanta and Tata Motors which were up 2.12 percent and 1.71 percent respectively.
Ashwani Gujral of ashwanigujral.com recommends buying Avanti Feeds, Sobha, NBCC, Bata India and Kotak Mahindra Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Sobha, Tata Steel and Kotak Mahindra Bank.
The Nifty on Friday hit a fresh record high of 10,179.15, backed by banks as the Bank Nifty added 1.53 percent, up 372.30 points. The charge was largely led by Bank of India, Kotak Mahindra Bank and Canara Bank which were up over 2 percent each.
Bank Nifty was the top performing sector which was up 1.32 percent led b y ICICI Bank and Bank of India while on the other hand, from the midcap space, Havells India added 2.28 percent while Power Finance Corporation was up over 3 percent.
Sandeep Wagle of powermywealth.com suggests buying Tata Elxsi and Tata Steel.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Dabur India, Jindal Steel & Power, National Aluminium Company and Tata Consultancy Services and can sell Bank of Baroda.
Reliance Industries and Tata Steel hit new 52-week high while Bharti Airtel zoomed over 6 percent. Avenue Supermarts, Bharat Financial Inclusion, Dabur India, Havells India and JSPL were the other stocks which hit 52-week high in the Nifty.
Ashwani Gujral of ashwanigujral.com recommends buying Edelweiss Financial Services, Jindal Steel & Power, Sundram Fasteners, Hindalco Industries and Havells India.
The research house is of the view that the rise in share of value-added products is likely to boost margins. Deutsche Bank has raised FY18 earnings by 2 percent and 4 percent for FY19.
Coal India, Axis Bank and pharmaceuticals, among others, are being tracked by investors on Wednesday.
Future Retail, Tata Steel and telecom, among others are being tracked by analysts on Tuesday.
Ashwani Gujral of ashwanigujral.com recommends buying GAIL India, BASF, Bharat Forge, Ashok Leyland and EID Parry.
Ashwani Gujral of ashwanigujral.com is of the view that one may prefer Tata Steel and Vedanta.
Ashwani Gujral of ashwanigujral.com feels that Tata Steel may move to Rs 760-770.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Unilever, Ceat and Tata Steel.
Ashwani Gujral of ashwanigujral.com advises buying Jubilant Foodworks, Future Consumer, Tata Chemicals and Raymond.
Yogesh Mehta of MOSL is of the view that one may short Tata Steel.
Ashwani Gujral of ashwanigujral.com feels that Tata Steel may slip to Rs 580-600.
Ashwani Gujral of ashwanigujral.com advises buying Godrej Consumer Products.
The momentum indicator suggests a bearish sentiment among market participants with RSI at 47 slipping below its threshold.
According to Avinnash Gorakssakar, Market Expert, one may stay invested in Tata Steel.
According to Prakash Gaba of prakashgaba.com, one may hold Tata Steel for long term.
Ashwani Gujral of ashwanigujral.com is of the view that Tata Steel a momentum play and recommends holding Bombay dyeing while he feels that NBCC is likley to hit Rs 250.