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Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 opened in the red on Monday due to weak global cues after they snapped their 7-day losing streak as investors on Friday. 

The BSE Sensex fell 382 points or 0.7 per cent to open at 57,044, while the NSE Nifty 50 was down 110 points or 0.6 per cent to start at 16,984. 

Amid a volatile market, here are some stocks recommended by analysts for an upside of up to 113%: 

Torrent Pharmaceuticals Limited 

Recommended by: Prabhudas Lilladhar 

  • CMP: Rs 1,589 
  • Target: Rs 1,850 
  • Upside: 17% 
  • Rating: Buy 

Motherson Sumi Wiring India Limited 

Recommended by: ICICI Direct 

  • CMP: Rs 88 
  • Target: Rs 105 
  • Upside: 21% 
  • Rating: Buy 

Bharat Petroleum Corporation Limited 

Recommended by: JM Financial 

  • CMP: Rs 310 
  • Target: Rs 385 
  • Upside: 26% 
  • Rating: Buy 

Tata Motors Limited 

Recommended by: BNP Paribas 

  1. CMP: Rs 402 
  2. Target: Rs 565 
  3. Upside: 41% 
  4. Rating: Buy 

Sudarshan Chemical Industries Limited 

Recommended by: Anand Rathi 

  • CMP: Rs 442
  • Target: Rs 585 
  • Upside: 33% 
  • Rating: Buy 

CESC Limited 

Recommended by: Emkay Global 

  • CMP: Rs 77 
  • Target: Rs 108 
  • Upside: 41% 
  • Rating: Buy 

Greenpanel Industries Limited 

Recommended by: JM Financial 

  • CMP: Rs 418 
  • Target: Rs 630 
  • Upside: 51% 
  • Rating: Buy 

Zomato Limited 

Recommended by: Jefferies 

  • CMP: Rs 62 
  • Target: Rs 100 
  • Upside: 62% 
  • Rating: Buy 

Samvardhana Motherson International Limited 

Recommended by: BNP Paribas 

  • CMP: Rs 73 
  • Target: Rs 155 
  • Upside: 113% 
  • 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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