financetom
Market
financetom
/
Market
/
Stock analyst Prakash Gaba recommends buy on Motherson Sumi & sell Power Finance Corporation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Stock analyst Prakash Gaba recommends buy on Motherson Sumi & sell Power Finance Corporation
Jun 12, 2019 1:15 AM

The latest analysis and commentary by stock market guru Prakash Gaba of prakashgaba.com on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about Vedanta,Tata Consultancy Services (TCS), Motherson Sumi Systems, and Power Finance Corporation (PFC).

“Motherson Sumi looks good, it can climb to around Rs 125 zones stop below Rs 120 and stock that looks weak is Power Finance, it sliding down to levels closer to Rs 125 stop above Rs 133.”

“Vedanta I like on the long side, metals are certainly looking good to me. I feel that it can climb to levels closer to around Rs 178 zone maybe Rs 180 is possible, stop below Rs 168. Stock that looks weak is TCS, more of an exhaustion than weakness. I would say that maybe we can see a slide to around Rs 2,180, stop above Rs 2,250,” he said.

Follow stock recommendations by Prakash Gaba here: https://www.cnbctv18.com/author/prakash-gaba-117/

Disclaimer:

The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

First Published:Jun 12, 2019 10:15 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exchange-Traded Funds, US Equities Higher After Midday
Exchange-Traded Funds, US Equities Higher After Midday
May 29, 2025
01:16 PM EDT, 05/29/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV rose Thursday. Actively traded Invesco QQQ Trust (QQQ) was up 0.3%. US equity indexes were higher as Nvidia's ( NVDA ) gains lifted the technology sector and investors weighed the impact of a ruling from the Court of International Trade on the Trump administration's...
QUOTES -US stocks hold slim gains, dollar falls after court ruling to block Trump tariffs
QUOTES -US stocks hold slim gains, dollar falls after court ruling to block Trump tariffs
May 29, 2025
(Adds new comment) NEW YORK/SINGAPORE, May 29 (Reuters) - The S&P 500 and the Nasdaq held modest gains on Thursday, coming off their highs for the day, while the Dow slipped, as investors digested a U.S. federal court blocked President Donald Trump's Liberation Day tariffs from going into effect. The dollar, however, turned lower against its safe-haven peers such as...
Sector Update: Tech
Sector Update: Tech
May 29, 2025
01:02 PM EDT, 05/29/2025 (MT Newswires) -- Tech stocks were mixed Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.4% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.3%. The Philadelphia Semiconductor index added 1%. In corporate news, Nvidia's ( NVDA ) shares popped 4.2% after it overnight reported higher fiscal Q1 non-GAAP earnings and revenue. BofA...
Sector Update: Energy
Sector Update: Energy
May 29, 2025
01:29 PM EDT, 05/29/2025 (MT Newswires) -- Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index up 0.1% and the Energy Select Sector SPDR Fund (XLE) adding 0.2%. The Philadelphia Oil Service Sector index rose 0.4%, and the Dow Jones US Utilities index advanced 0.7%. Front-month West Texas Intermediate crude oil was declining 1.6% to $60.88 a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved