The market is expected to remain in the range of 4,720 and 4,950 : Nirmal Bang

Image via Wikipedia
Nirmal Bang in their “Beyond the Market” predicted that the market is expected to remain in the range of 4,720 and 4,950. It also states that expectations of a roll back of the fiscal stimulus in the soon-to-be announced Union Budget and the Greece debt crisis in the Eurozone are worrying investors.
They recommend following stocks for investors.
Aurobindo Pharma Ltd (LTP: Rs 928), Lupin Ltd (LTP: Rs 1,575), Castrol India Ltd (LTP: Rs 700), Supreme Industries Ltd (LTP: Rs 460), Apollo Tyres Ltd (LTP: Rs 54.80), JK Tyre & Industries Ltd (LTP: Rs 176.95), Mahindra Forgings Ltd (LTP: Rs 108.30), JSW Energy Ltd (LTP: Rs 106.60), Adani Power Ltd (LTP: Rs 107.50), Hyderabad Industries Ltd (LTP: Rs 594), Sterlite Technologies Ltd (LTP: Rs 411.20), Lanco Industries Ltd (LTP: Rs 65.65), Pennar Industries Ltd (LTP: Rs 35.80), Gujarat State Fertilizers & Chemicals
Ltd (LTP: Rs 215.95), Rallis India Ltd (LTP: Rs 1,111), Jay Shree Tea & Industries Ltd (LTP: Rs 330.25), Mcleod Russel India Ltd (LTP: Rs 234), Royal Orchid Hotel Ltd (LTP: Rs 83.40) and Gujarat State Petronet Ltd (GSPL) (LTP: Rs 89.50) look good buys. These stocks look attractive from a one or two year investment perspective and can be bought partially at current prices and when the Nifty is around the 4,600 level.
For full report, please click here.
0 comments:
Post a Comment
All comments are moderated. Please post no spam