The latest analysis and commentary by stock market guru CA Rudramurthy B.V., Research Head at Vachana Investments on what is moving the markets today. Check out his top stock recommendations.
He spoke at length about Yes Bank, Bajaj Finance, and Asian Paints.
Recommending stock specific ideas, Rudramurthy said, “I have a buy call on Yes Bank. All negatives are out of the stock. In fact I was heavily recommending sell call on Yes Bank earlier, but now it is a buy call. Look at targets of Rs 220 with a stop loss of Rs 195. Bajaj Finance is a clear buy. If Dewan Housing Finance (DHFL) can go up, Indiabulls Housing Finance can go up, then Bajaj Finance has to surely go up. That is a classic stock to buy. Look at targets of Rs 2,650 with a stop loss of Rs 2,595 in future. Last buy call is on Asian Paints for a target of Rs 1,450 with a stop loss of Rs 1,410.”Disclaimer:
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