Benchmark indices reversed last week’s gains as the markets saw a heavy sell-off on the last trading day of the week. The BSE Sensex declined 1,093.22 points or 1.82 per cent to end at 58,840.79. The broader Nifty50 ended 346.60 points lower at 17,530.80.
Amid a volatile market, here are some stocks recommended by the analysts for an upside of up to 58%:
HDFC Bank Limited
Recommended by: Prabhudas Lilladher
- CMP: Rs 1,497
- Target: Rs 1,800
- Upside: 20%
- Rating: Buy
Siemens Limited
Recommended by: ICICI Direct
- CMP: Rs 2,964
- Target: Rs 3,660
- Upside: 24%
- Rating: Buy
Mazagon Dock Shipbuilders Limited
Recommended by: ICICI Direct
- CMP: Rs 432
- Target: Rs 560
- Upside: 30%
- Rating: Buy
KEC International Limited
Recommended by: ICICI Securities Limited
- CMP: Rs 426
- Target: Rs 566
- Upside: 33%
- Rating: Buy
HG Infra Engineering Limited
Recommended by: Emkay Global
- CMP: Rs 603
- Target: Rs 820
- Upside: 36%
- Rating: Buy
Deepak Nitrite Limited
Recommended by: JM Financial
- CMP: Rs 2,113
- Target: Rs 2,895
- Upside: 37%
- Rating: Buy
Oil India Limited
Recommended by: JM Financial
- CMP: Rs 185
- Target: Rs 265
- Upside: 44%
- Rating: Buy
Oil & Natural Gas Corporation Limited
Recommended by: JM Financial
- CMP: Rs 130
- Target: Rs 205
- Upside: 58%
- Rating: Buy
Written by Anoushka Roy
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
