After a major downfall in stock market today, let us check share price target by brokerages for important stocks.
Equity market benchmark indices Sensex and Nifty tumbled in early trade on Monday in-line with extremely weak trends in global markets amid fears of a slowdown in the US economy and foreign fund outflows.
The 30-share BSE Sensex tanked 2,401.49 points to 78,580.46 in early trade. The NSE Nifty tumbled 489.65 points to 24,228.05.
From the Sensex pack, Tata Motors, Tata Steel, JSW Steel, Adani Ports, Maruti and Reliance Industries were the biggest laggards.
Sun Pharma and Hindustan Unilever were trading in the positive territory.
Share Price target & Buy call for important stocks today, according to Stock Market Experts On Zee Business
Axis Direct suggested buying Rossari Biotech stock in the range of Rs 888-912 with a target price of Rs 1,020 and a stop loss of Rs 870.
Axis Direct recommended buying Angel One’s shares in the range of Rs 2,240-2,270 & aTarget price of Rs 2,450 and stop loss of Rs 2,220.
Sharekhan advised to buy Clean Science shares for 15 days with a target price of Rs 1,759/1,849 & Stop Loss at Rs 1,579.
Brokerage ICICI Direct chose ONGC for the next 30 days to Buy in the range of Rs 338-344 with a target of Rs 370 and stop loss of Rs 325.
HDFC Securities rated Bikaji Foods for the next 10 days to Buy in the range of Rs 735-713. Target of Rs 788 and stop loss of Rs 698
Rossari Biotech EQ Share Price Target
Axis Direct brokerage has given a target price of Rs 1,020 with a stop loss of Rs 870. The recommended entry price ranges from Rs 888 to Rs 912.
Target Price: Rs 1,020
Stop Loss: Rs 870
Tata Power Share Price Target
Axis Direct brokerage set a share price target of Rs 520 and a stop loss of Rs 457. The recommended entry price ranges from Rs 462 to Rs 467.
Target Price: Rs 520
Stop Loss: Rs 457
GSK EQ Share Price Target
Axis Direct has given a BUY recommendation to GlaxoSmithKline Pharmaceuticals with a share price target of Rs 3,245 with a stop loss of Rs 2,750.
Target Price: Rs 3,245
Stoploss: Rs 2,750
SBI Share Price Target 2024
Nomura has maintained a BUY rating with a target price of Rs 1030.
Nuvama has also maintained a BUY rating with a target price of Rs 1026.
Amara Raja Share Price Target 2024
JPMorgan has maintained a Neutral rating with a target price of Rs 1435.
UPL Share Price Target 2024
Citi has maintained a BUY rating with a cut in target price to Rs 640 from Rs 675.
(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.)