As the stock market climbed in early trade on Wednesday, the Sensex hit its fresh all-time high level. Let us check which are the top stocks recommended by experts today.
Stock market benchmark indices climbed in early trade on Wednesday, with the Sensex hitting its fresh all-time high level, but soon equities faced volatile trends and were trading flat amid the emergence of profit-taking.
The 30-share BSE Sensex climbed 134.64 points to hit a new all-time high of 78,188.16 in early trade. The Nifty went up by 28.2 points to 23,749.50.
However, later both the benchmark indices encountered volatile trends and were trading between highs and lows.
Among the 30 Sensex companies, UltraTech Cement, ICICI Bank, Larsen & Toubro, Kotak Mahindra Bank, NTPC, Bajaj Finance and Tata Motors were the biggest gainers. Mahindra & Mahindra, HDFC Bank, Tata Steel and JSW Steel were among the laggards.
In Asian markets, Seoul and Tokyo quoted with gains while Shanghai and Hong Kong traded lower.
Share Price target & Buy call for important stocks today, according to Experts and Zee Business
Kushal Gupta’s Stock Recommendations
Buy Time Technoplast shares in the cash segment for a target of Rs 342 with a stop loss at Rs 325
Buy Mahindra & Mahindra (M&M) futures (July) for a target of Rs 3,000 with a stop loss at Rs 2,870
Buy the Rs 1,200 call option of ICICI Bank at Rs 33 for a target of Rs 50 with a stop loss at Rs 23
Technical pick: Buy Can Fin Homes futures (July) for a target of Rs 925 with a stop loss at Rs 890
Fundamental pick: Buy HDFC AMC shares for a one-year target of Rs 5,000.
Investment idea: Buy Samvardhana Motherson shares for a one-year target of Rs 230
News-based pick: Buy Jupiter Wagons shares for a target of Rs 675 with a stop loss at Rs 647
Expert Choice picks:
- Buy Gujarat Gas futures (July) for a target of Rs 618 with a stop loss at Rs 590
- Buy Apollo Tyres futures (July) for a target of Rs 530 with a stop loss at Rs 510
- Buy LIC Housing Finance futures (July) for a target of Rs 792 with a stop loss at Rs 760
Ashish Chaturvedi Recommendations
Buy Wockhardt shares in the cash segment for a target of Rs 657 with a stop loss at Rs 608
Buy the 187.5 call option of L&T Finance for a target of Rs 14 with a stop loss at Rs 7.50
Technical pick: Buy Kaynes Tech shares for a target of Rs 4,250 with a stop loss at Rs 4,000
Fundamental pick: Buy Axis Bank shares for a three-month target of Rs 1,400
Investment idea: Buy JBM Auto shares for a target of Rs 2,580 from a perspective of 12 months
News-based pick: Buy Vishnu Prakash R Punglia Ltd (VPRPL) shares for a target of Rs 201 with a stop loss at Rs 193
My Choice picks:
- Buy Mazagon Dock Shipbuilders shares for a target of Rs 4,140 with a stop loss at Rs 3,960
- Buy PNB Housing shares for a target of Rs 620 with a stop loss at Rs 770
- Buy Triveni Engineering shares for a target of Rs 620 with a stop loss at Rs 590
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)