Foreign Portfolio Investors (FPIs) have pulled out ₹14,721 crores from the Indian equities in the last two days, in just the last three trading sessions, as per depositories data.
The Russia-Ukraine conflict and rising crude oil prices dented investors’ sentiments and the markets have shown a downward trend since. However, for many, it is a good time to invest in stocks.
Axis Direct has given positional ‘buy’ calls for these stocks. The duration is 5 to 15 days.
| Stock | CMP (₹) | Entry Price Range (₹) | Stop Loss (₹) | Target (₹) |
| Great Eastern Shipping Company Ltd | 325.50 | 321.00 to 324.00 | 316.00 | 348.00 |
| United Spirits Ltd | 788.45 | 781.00 to 789.00 | 770.00 | 823.00 |
| Mahindra & Mahindra Fin. Services Ltd. | 134.90 | 133.00 to 135.00 | 130.00 | 148.00 |
| Tata Elxsi Limited | 6,565.00 | 6530.00 to 6590.00 | 6450.00 | 7010.00 |
| Sun Pharmaceutical Industries Limited | 855.90 | 832.00 to 845.00 | 815.00 | 900.00 |
| Chalet Hotels Ltd | 266.00 | 259.00 to 262.00 | 255.00 | 283.00 |
Great Eastern Shipping Company Ltd
It is India’s largest shipping company which mainly transports liquid, gas and solid bulk products.
United Spirits Ltd
United Spirits Limited is the world’s second-largest company by volume. It is an Indian company and a subsidiary of Diageo. It exports products to over 37 countries.
Mahindra & Mahindra Fin. Services Ltd
Mahindra and Mahindra Financial Services Limited is an Indian Rural Non-Financing company that provides vehicle financing, SME financing, housing financing, insurance broking, mutual fund distribution and more.
Tata Elxsi Limited
Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Communications, Broadcast, Transportation and Healthcare.
Sun Pharmaceutical Industries Limited
Sun Pharmaceutical Industries Ltd. (Sun Pharma) is the fourth largest speciality generic pharmaceutical company in the world. They provide high-quality, affordable medicines, trusted by healthcare professionals and patients, in more than 100 countries across the globe.
Chalet Hotels Ltd
Chalet Hotels Limited is an owner, developer, asset manager and operator of high-end hotels and a hotel led mixed-use developer in key metro cities in India. It focuses on driving business efficiencies and sustainable growth right from the pre-development stage, through the entire lifecycle of assets.
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