Stocks to buy today: Amara Raja Batteries, Britannia, ITC, Prakash Industries, Redington, Network 18
Ajit Mishra of Religare Broking is positive on Amara Raja Batteries with a target price of Rs 810
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 10 points at the opening bell. Overseas, Asian stocks traded mixed on Monday after Merck announced its new Covid oral antiviral treatment that cuts the risk of hospitalization or death. Markets in China are closed for most of this week for a holiday and are set to reopen on Friday. South Korean markets are also closed on Monday for a holiday. Trading in the Hong Kong-listed shares of China Evergrande was halted on Monday as investors continue to monitor the situation surrounding the indebted developer. The property giant has missed two bond interest payments in the past weeks. Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Mazhar Mohammad, Charview India
Redington | Buy| Stop loss | Rs 137 | Target price: Rs 157
Prakash Ind | Buy | Stop loss: Rs 65 | Target price: Rs 80
Network18 | Buy | Stop loss: Rs 50 | Target price: Rs 58
Recommendations by: Ajit Mishra, Religare Broking
Amara Raja Batteries | Buy | Stop loss: Rs 745 | Target price: Rs 810
Britannia | Buy | Stop loss: Rs 3,840 | Target price: Rs 4,080
ITC | Buy | Stop loss: Rs 229 | Target price: Rs 244
(Disclaimer: Stocks recommendations by experts or brokerages are their own and not those of the website or its management. Money9.com advises market participants to check with certified experts before taking any buy, sell or hold decisions.)