The latest analysis and commentary by stock market guru Manoj Murlidharan of Religare Securities on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about ITC, and ICICI Bank.

Speaking about individual stocks, Murlidharan said, “We like ITC. You can buy it somewhere close to Rs 280, stop loss at Rs 272 and we are expecting around Rs 12 more on that, so, Rs 292-298 would be the target. Since Bank Nifty might bounce from 27,080, we are advocating a buy on ICICI Bank as well. We believe that support is good at Rs 356-358 with a stop loss of Rs 8 down, we expect the target somewhere close to Rs 370 on that.”

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