Stocks to buy: Tata Motors, JSPL, Cummins among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts share their top stock recommendations.
Stocks to buy: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Kunal Saraogi, Avinash Gorakssakar and Sumeet Bagadia share their top stock recommendations in this special segment, Pick of the Day.
On the analysts' 'buy' list are stocks such as Engineers India Limited, Jindal Steel and Power Limited (JSPL), Tata Motors, Fedbank Financial Services and Cummins India.
(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult their investment advisers before making any financial decision.)
Engineers India
Himanshu Gupta of Globe Capital Markets also recommends buying Engineers India Limited shares for targets of Rs 168, Rs 172 and Rs 175 with a stop loss at Rs 155.
JSPL
Kunal Saraogi of Equityrush recommends buying Jindal Steel and Power Limited (JSPL) shares for targets of Rs 740 and Rs 760 with a stop loss at Rs 705.
Tata Motors, Fedbank Financial Services
Avinash Gorakssakar of Profitmart Securities recommends buying two stocks for the week: Tata Motors and Fedbank Financial Services.
He recommends buying Tata Motors shares for a one-year duration of targets of Rs 775 and 780.
For Fedbank Financial, he has placed his targets of Rs 160 and 165 with a perspective of one-year duration.
Cummins
Sumeet Bagadia of Choice Broking recommends buying Cummins India shares for the short-term targets of Rs 2,050 and Rs 2,075 with a stop loss at Rs 1,950. He has also give positional target of above Rs 2,100.
JSPL
Sandeep Wagle of Sandeep Wagle Advisory also recommends buying Jindal Steel and Power Limited shares for a target of Rs 760 with a stop loss at Rs 720.