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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%: 

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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 

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  • 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

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