Latest list of brokerage house, these stocks with strong fundamentals can fill your pocket

Stocks to Buy, Sell or Hold : The second quarter of the financial year started strongly for the stock market. Today, on July 2, Sensex and Nifty again made a new record. Nifty reached a record level of 24236. While Sensex also touched an all-time high of 79856. The market has gained a lot and there are many stocks which are now looking expensive. Without any fresh trigger, the market is making records one after the other. However, in the current environment, investors should be cautious and invest money until new positive sentiments are formed. If you are also looking for a strong stock for investment, then you can take a look at the latest list of brokerage houses (Brokerage Houses Favourite Stocks).

Brokerages are advising to invest in only those stocks whose fundamentals are strong. The leading brokerage house has released a fresh list of some such stocks. Brokerage houses form their opinion by looking at factors such as fundamentals of any stock, growth outlook, company’s business model, ability of the company to sustain strongly in future, product innovation or by doing proper research and on the basis of this, advise to buy the stock or stay away from it. The advantage of getting a positive opinion from the brokerage is that the sentiment about the stock improves.

IGL

Brokerage house Citi has given a Buy rating on IGL and has set a target price of Rs 610 per share for the stock. While the current price of the stock is Rs 525.

L&T

Brokerage house UBS has given a Buy rating on L&T shares. The target price for the stock is Rs 4180. While the current price of the stock is Rs 3526.

Epigral Ltd

Brokerage house MK Global has given a Buy rating on Epigral shares. The target price for the stock is Rs 2000. While the current price of the stock is Rs 1514.

Anant Raj

Brokerage house DAM has given a Buy rating on Anant Raj’s stock. The target price for the stock is Rs 620. While the current price of the stock is Rs 444.

Indigo

Brokerage house Goldman Sachs has given a Buy rating on Indigo shares. The target price for the stock is Rs 4700. While the current price of the stock is Rs 4222.

ICICI Lombard

Brokerage house Jefferies has given a Buy rating on ICICI Lombard shares. The target price for the stock is Rs 2090. While the current price of the stock is Rs 1807.

Zomato

Brokerage house Morgan Stanley has given a Buy rating on Zomato shares. The target price for the stock is Rs 235. While the current price of the stock is Rs 204.

L&T Finance

Brokerage house Citi has given a Buy rating on L&T FH and has set a target price of Rs 221 for the stock. While the current price of the stock is Rs 190.

Auto Stocks

Brokerage house Citi has named Maruti, M&M and Hero MotoCorp as its top picks after the auto sales data came out. According to the brokerage, the volume of most OEMs has been encouraging.

Gujarat Gas

Brokerage house Citi has given a Sell rating on Gujarat Gas and has set a target price of Rs 500 for the stock. While the current price of the stock is Rs 647.

Marico

Brokerage house CLSA has given an underperform rating on Marico and has set a target price of Rs 460 for the stock. Whereas the current price of the stock is Rs 620.

PVR Inox

Brokerage house UBS has given a Buy rating on PVR Inox and has set a target price of Rs 1800 for the stock. Whereas the current price of the stock is Rs 1498.