The markets opened in the red on Thursday with the benchmark NIFTY 50 index down 0.82% for the day to 17,005 points. As for the 30-stock BSE Sensex, it opened in negative too at 57,232 points, down 394 points or 0.68%.
In the past month, the market has declined by 6%.
As markets fluctuate, here are 6 stock recommendations from leading brokerage firms which can offer an upside of up to 80%.
Chemplast Sanmar Ltd.
Recommended by: ICICI Securities
- CMP: Rs. 403
- Target: Rs. 725
- Upside: 80%
- Rating: Buy
Vedanta Ltd.
Recommended by: Edelweiss Financial Services
- CMP: Rs. 290
- Target: Rs. 355
- Upside: 22%
- Rating: Buy
Deepak Nitrite Ltd.
Recommended by: JM Financial
- CMP: Rs. 2,895
- Target: Rs. 2,222
- Upside: 30%
- Rating: Buy
Affle (India) Ltd.
Recommended by: Sharekhan
- CMP: Rs. 1,160
- Target: Rs. 1,515
- Upside: 31%
- Rating: Buy
Hindalco Industries Ltd.
Recommended by: JP Morgan
- CMP: Rs. 407
- Target: Rs. 560
- Upside: 38%
- Rating: Overweight
Godrej Consumer Products Ltd.
Recommended by: Citigroup
- CMP: Rs. 844
- Target: Rs. 1,050
- Upside: 24%
- Rating: Buy
Written By – Vikalp Mishra
Disclaimer
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