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The market bled on Monday as the Sensex was down 1,210.62 points or 2.06% to open at 57623.25, and the Nifty was down 361.50 points or 2.06% and started at 17197.40. 

Amid the highly volatile markets, here are some stocks which are suggested by brokers for an upside of up to 78%: 

Reliance Industries Ltd 

Recommended by: CLSA 

  • CMP: Rs 2,624 
  • Target: Rs 3,180 
  • Upside: 22% 
  • Rating: Buy 

Vinati Organics 

Recommended by: Motilal Oswal 

  • CMP: Rs 2,195 
  • Target: Rs 2,680 
  • Upside: 22% 
  • Rating: Buy 

NOCIL Limited 

Recommended by: Motilal Oswal 

  • CMP: Rs 259 
  • Target: Rs 319 
  • Upside: 23% 
  • Rating: Buy 

SBI Cards and Payment Services Ltd 

Recommended by: Morgan Stanley 

  • CMP: Rs 894 
  • Target: Rs 1,100 
  • Upside: 24% 
  • Rating: Buy 

Indusind Bank Ltd 

Recommended by: Jefferies 

  • CMP: Rs 1,052 
  • Target: Rs 1,330 
  • Upside: 27% 
  • Rating: Buy

Techno Electric & Engineering Company 

Recommended by: ICICI Direct CMP: Rs 281 

  • Target: Rs 385 
  • Upside: 36% 
  • Rating: Buy 

Sunteck Realty Ltd 

Recommended by: Jefferies 

  • CMP: Rs 457 
  • Target: Rs 621 
  • Upside: 36% 
  • Rating: Buy 

Delhivery Ltd 

Recommended by: Jefferies 

  • CMP: Rs 563 
  • Target: Rs 775 
  • Upside: 38% 
  • Rating: Buy 

Dilip Buildcon Ltd 

Recommended by: HDFC Securities

  • CMP: Rs 234 
  • Target: Rs 369 
  • Upside: 58% 
  • Rating: Buy 

Ashoka Buildcon Ltd 

Recommended by: HDFC Securities

  • CMP: Rs 79 
  • Target: Rs 140 
  • Upside: 78% 
  • 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.

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