Benchmark equity indices BSE Sensex and NSE Nifty opened higher on Monday following firm global cues. The 30-share BSE Sensex was up 680 points, or 1.39%, at 49,780 in the early trade, while the 50-share Nifty index advanced 186 points, or 1.28%, at 14,715.
As many as 28 stocks in the Sensex index trading in the green with ONGC gaining the most 3.13%. It was followed by Power Grid (up 2.75%), Ultratech Cement (up 2.61%), IndusInd Bank (up 2.98%) and Ultratech Cement (up 2.89%). On the other hand, Maruti Suzuki and Dr Reddy’s Labs were down up to 2%.
Here are 9 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Nirav Chheda, Nirmal Bang Securities
Bharti Airtel | Buy | Stop loss: Rs 530 | Target price: Rs 580
ONGC | Buy | Stop loss: Rs 105 | Target price: Rs 120
HPCL | Buy | Stop loss: Rs 230 | Target price: Rs 260
Recommendations by: Aditya Agarwala, YES Securities
BEML | Buy | Stop loss: Rs 950 | Target price: Rs 1,100
Blue Star | Buy | Stop loss: Rs 790 | Target price: Rs 950
Indus Tower | Buy | Stop loss: Rs 242 | Target price: Rs 285
Recommendations by: Rohit Singre, LKP Securities
Dalmia Bharat | Buy | Stop loss: Rs 155 | Target price: Rs 170
Deepak Fert | Buy | Stop loss: Rs 180 | Target price: Rs 195
AAVAS Financier | Buy | Stop loss: Rs 2,200 | Target price: Rs 2,350