Stocks to Buy: Market expert Sandeep Jain has picked AIA Engineering Limited as his long term pick calling it a fundamentally strong company. The stock ended almost flat on Friday at Rs 1889.90 on the NSE. It is one stock which has achieved its targets every time it was recommended previously, the Tradeswift Director tells Zee Business in ‘Bazaar Agle Hafte’.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The stock has corrected from its high of Rs 2222, it hit on 7 July 2021 and is now available at levels, right for making an entry, Jain further said.

See Zee Business Live TV Streaming Below:

Also Read: Stock to Buy on Monday: Get Asian Paints, JK Tyre, Balaji Amines for top gains, says analyst Sandeep Jain

Domestic stock markets ended the week, mixed, with benchmark indices BSE Sensex and Nifty50 falling on three occasions. There is high volatility in the markets which is largely range bound, market expert Jain tells. It is unlikely that the Nifty will cross levels of 17600-17700 without big effort.

There is a selling spree from the Foreign Institutional Investors (FIIs) and amid news of a 50 bps rate hike from US Federal Reserve in early May, it is advised not to show exuberance while making positions, the Tradeswift Director said.