NIFTY 50

Here are stock queries answered by stock analysts Mitessh Thakkar & Mayuresh Joshi

Updated : June 20, 2019 05:16 PM IST

The latest analysis and commentary by stock market gurus Mitessh Thakkar of mitesshthakkar.com and Mayuresh Joshi of Angel Broking on what is moving the markets today. Check out their top stock recommendations.

Answering viewer query on Indiabulls Housing Finance, Joshi said, “Any investor holding on to the stock in my opinion should continue holding because the valuations have become very attractive at this point, around 1.2-1.3 times price-to-book on a FY20-21 basis.”

On Sun Pharmaceutical, Thakkar said, “The problem is that there is no signal on the long term charts except for the fact that it is kind of oversold and that a reversal could happen. I have had targets in the range of Rs 350 to about Rs 320 over here. So, there could be some more pain left, but I think if around those levels if we see the decline stopping and some accumulation happen, then we will go for it. For the time being it is an avoid; just on the watchlist.”

They also spoke at length about UPL and Jet Airways.

Follow stock recommendations by Mitessh Thakkar here:


Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV