The latest analysis and commentary by stock market guru Ashwani Gujral on what is moving the markets today.
He also spoke at length on Axis Bank, Hexaware Technologies, Bajaj Finance, Tata Steel, Maruti Suzuki India, ICICI Prudential Life Insurance, Aurobindo Pharma, RBL Bank, Can Fin Homes, Indiabulls Housing Finance, REC, SREI Infrastructure Finance, IDFC First Bank, Repco Home Finance, Muthoot Finance, L&T Finance Holdings, and Pidilite Industries.
Speaking about stocks Ashwani Gujral recommended, "Muthoot Finance is a buy with a stop of Rs 510 target of Rs 535. L&T Finance Holdings is a buy with a stop of Rs 130 target of Rs 142 and Pidilite Industries is a buy with a stop of Rs 1,130 target of Rs 1,180."
"SREI Infrastructure is a buy with a stop of Rs 22 target of Rs 26. All of these midcap NBFCs are likely to do very well. IDFC First is a buy with a stop of Rs 41 target of Rs 46. Repco Home Finance is a buy with a stop of Rs 390 target of Rs 410."
"Can Fin Homes is a buy with a stop of Rs 248 target of Rs 262. Indiabulls Housing Finance is a buy with a stop of Rs 660 target of Rs 695 and REC is a buy with a stop of Rs 118 target of Rs 130."
“Axis Bank is a buy with a stop of Rs 720 target of Rs 745. Hexaware Technologies is a buy with a stop of Rs 355 target of Rs 372. Bajaj Finance is an outperformer in NBFCs, this is a buy with a stop of Rs 2,690 target of Rs 2,760. Metals have come back strongly Tata Steel is a buy with a stop of Rs 480 target of Rs 510 and Maruti Suzuki is a buy with a stop of Rs 7,150 target of Rs 7,300.”
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First Published:Feb 7, 2019 8:56 AM IST