The latest analysis and commentary by stock market guru Ashwani Gujral on what is moving the markets today.
He also spoke at length on Divi's Laboratories, Reliance Industries (RIL), REC, Raymond, Hindustan Petroleum Corporation (HPCL), KPIT Technologies, Tata Consultancy Services (TCS), Jubilant FoodWorks, YES Bank, Apollo Hospitals Enterprise, Pidilite Industries, Bharti Infratel, Asian Paints, Interglobe Aviation, Eros International, LIC Housing, Manappuram Finance, NIIT Technologies, Dr Reddys, IndusInd Bank, Axis Bank, UPL, ITC.
Stock specific, Gujral said, “IndusInd Bank is a buy with a stop of Rs 1,500 and target of Rs 1,545. Axis Bank is a buy with a stop of Rs 685 and target of Rs 710. UPL is a buy with a stop of Rs 815 and target of Rs 840.”
“LIC Housing is a buy with a stop of Rs 440 and target of Rs 465. Manappuram Finance is a buy with a stop of Rs 102 and target of Rs 114. NIIT Technologies is a buy with a stop of Rs 1,265 and target of Rs 1,320,” Gujral said.
Talking about his stock picks Ashwani Gujral said, "Asian Paints is a sell with a stop at Rs 1,375 target of Rs 1,330. Interglobe Aviation is a sell with a stop of Rs 1,130 target of Rs 1,100 and Bharti Infratel is a buy with a stop of Rs 313 target of Rs 328."
“YES Bank has come back 8-9 percent from the lows so that is a buy with a stop of Rs 210 target of Rs 225. Apollo Hospitals is a sell with a stop of Rs 1,120 target of Rs 1,065 and Pidilite Industries is a sell with a stop of Rs 1,080 target of Rs 1,035.”
“Divi's Laboratories is a buy with a stop of Rs 1,600 target of Rs 1,665. Reliance Industries is a buy with a stop of Rs 1,230 target of Rs 1,265. REC is a buy with a stop of Rs 118 target of Rs 126. Raymond is a sell with a stop of Rs 691 target of Rs 670 and HPCL is a sell with a stop of Rs 221 target of Rs 206.”
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First Published:Feb 18, 2019 8:42 AM IST