Stocks to Buy, Sell or Hold : After the election results, new records are being made in the stock market every day. Today, on 27 June 2024, the market reached a new high in trading. The Sensex crossed the 79000 level for the first time. At the same time, Nifty is also moving towards 24000. There has been a good boom in the market and the valuation is now looking high. Many stocks in this have also become expensive in terms of valuation. The market is now eyeing a positive trigger. Volatility can be seen in the market till a new strong trigger is found. Therefore, experts are advising to invest money in those stocks whose fundamentals are strong. If you are also looking for some such stocks, then you can keep an eye on the latest list of brokerage houses (Brokerage Recommendations).
Leading brokerage houses have advised to invest in some stocks afresh (Brokerage Houses Favourite Stocks). Experts are advising to be stock specific. Brokerage houses form their opinion by doing thorough research on the fundamentals of any stock and based on that advise to buy the stock or stay away from it. The advantage of getting a positive opinion from the brokerage is that the sentiment regarding the stock improves.
Jefferies bullish on Adani Group, buy, sell or hold? What rating on which stock?
HDFC Bank
Brokerage house CLSA has given a Buy rating on HDFC Bank and has given a target of Rs 2373. The current price of the share is Rs 1700.
P.I.Industries
Brokerage house Jefferies has given a Buy rating on PI Industries and has set a target price of Rs 4750. Brokerage house Equirus has also given a Buy rating and has set a target price of Rs 5500. The current price of the stock is Rs 3776.
Ambuja Cement
Brokerage house Goldman Sachs has given a Neutral rating to Ambuja Cement and has given a target of Rs 695. The current price of the share is Rs 657.
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HCL Technologies
Brokerage house Macquarie has given outperform rating on HCL Tech and has given a target of Rs 1800. The current price of the share is Rs 1444.
RIL
Brokerage house JP Morgan has given an overweight rating to Reliance Industries Tech and has given a target of Rs 3320 (RIL Target Price). The current price of the share is Rs 3028.
Dr Reddy’s
Brokerage house BofA has given a Buy rating on Dr. Reddy’s and has given a target of Rs 6900. Brokerage house Nomura has given a Neutral rating on the stock and has given a target of Rs 6499. While Jefferies has given a target of Rs 5010 with an Underperform rating. The current price of the stock is Rs 6070.
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PB Fintech
Brokerage house Citi has given a Buy rating on PB Fintech and has given a target price of Rs 1600. The current price of the stock is Rs 1345.
Nykaa
Brokerage house Equirus has given a Buy rating on Nykaa and has given a target price of Rs 240. The current price of the stock is Rs 175.
Shree Cement
Brokerage house Goldman Sachs has given a Neutral rating on Shri Cement and has given a target price of Rs 28500. The current price of the stock is Rs 27499.
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Ultratech Cement
Brokerage house Goldman Sachs has given a Buy rating on UltraTech Cement and has given a target price of Rs 11650. The current price of the stock is Rs 11143.
ACC
Brokerage house Goldman Sachs has given Sell rating on ACC and has given a target price of Rs 2500. The current price of the stock is Rs 2591.
Dalmia Bharat
Brokerage house Goldman Sachs has given a Neutral rating to Dalmia Bharat and has given a target price of Rs 1900. The current price of the share is Rs 1820.
(Disclaimer: Investing or selling stocks is advised by experts and brokerage houses. These are not the personal views of Financial Express. There are risks in the market, so take expert advice before investing.)