Which stocks to buy this week? Paytm, Tata Communications, SRF, Dr Reddy’s, other top shares analysts recommend
Stocks to buy today: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Himanshu Gupta and Sandeep Jain share their top recommendations for the holiday-truncated week that began March 27. The Indian share market will remain shut on March 30 for Ram Navami.
Stocks to buy today: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Himanshu Gupta and Sandeep Jain share their top recommendations for the holiday-truncated week that began on March 27. Stocks such as Paytm, Tata Communications, SRF, Craftsman Automation, and Dr Reddy’s Laboratories are on their 'buy' list. The Indian share market will remain shut on March 30 for Ram Navami.
Check out the full list of recommendations by Rakesh Bansal, Kunal Saraogi, Himanshu Gupta and Sandeep Jain in this instalment of this special Zee Business segment, Pick of the Week:
Paytm (One97 Communications)
Buy Paytm shares | Target: Rs 698 | Stop loss: Rs 590
Rakesh Bansal of Rakesh Bansal Ventures points out that Paytm shares are staging an upmove on the back of a favourable risk-reward ratio. Paytm has received an extension from the RBI to apply for a payment aggregator licence.
Image: Reuters
Tata Communications
Buy Tata Communications shares | Target: Rs 1,260/1,290 | Stop loss: Rs 1,200
Kunal Saraogi of Equity Rush highlights that an upmove is expected in Tata Communications, a stock showing major support on the charts having formed a major base. The stock may reclaim its recent high going forward, he adds.
Image: Reuters
SRF
Buy SRF shares | Target: Rs 2,450/2,460 | Stop loss: Rs 2,340
Specialty chemicals company SRF's shares have established a breakout on the charts and are expected to show growth provided the market is stable this week, according to Himanshu Gupta of Globe Capital Markets.
Image: Pixabay
Craftsman Automation, Navin Fluorine and Dr Reddy’s
Buy Craftsman Automation, Navin Fluorine, Dr Reddy’s Laboratories shares
Sandeep Jain of TradeSwift has picked a handful of stocks basis strong fundamentals. He likes Craftsman Automation, Navin Fluorine and Dr Reddy’s Laboratories.
Image: Pixabay