The latest analysis and commentary by stock market gurus Sudarshan Sukhani of s2analytics.com, Ashwani Gujral of ashwanigujral.com, and Rahul Shah of Motilal Oswal on what is moving the markets today. Check out their top stock recommendations.
They spoke at length about Bajaj Auto, Adani Port, Ceat, Yes Bank, ITC, Jubilant Foodworks, Excel Industries, Asian Paints, Grasim, Tata Consultancy Services, ICICI Bank.
Stock specific, Sukhani said, “We have Adani Ports where some kind of weakness is now evident. That is a short sell. We also have Ceat. Tyre companies are getting punished also because of the crude scenario. So, Ceat is a short sell. Bajaj Auto is a buy. Actually Bajaj Auto, Maruti Suzuki, Mahindra and Mahindra (M&M) are giving signs of bottoming out, but Bajaj Auto is the preferred stock for the day.”
“Yes Bank is a buy with a stop of Rs 260 and target of Rs 274. ITC is a buy with a stop of Rs 290 and target of Rs 306. Jubilant Foodworks is a buy with a stop of Rs 1,410 and target of Rs 1,465,” Gujral said.
Shah recommended a buy on Grasim, Tata Consultancy Services (TCS), and ICICI Bank.
Follow stock recommendations by Sudarshan Sukhani here: https://www.cnbctv18.com/author/sudarshan-sukhani-159/
Follow stock recommendations by Ashwani Gujral here: https://www.cnbctv18.com/author/ashwani-gujral-115/Disclaimer:
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