Stocks to buy on Monday is Century Textiles for price target of Rs 1072 - know what is working for it!
Century Textiles shares ended at Rs 960.10 on the NSE on Thursday. It was up 2.6 per cent from the Wednesday closing price. The textile stock also its 52-week high of Rs 1004 on the intraday basis. The 52-week low for this counter is Rs 301.45, which it hit on 30 October 2020
Bulls had a field day on Thursday with stock markets scaling new highs. The BSE Sensex hit a 61,000-mark for the first time ever, ending the day at 61,305.95, up over 568 points or 0.94 per cent, while the broader market Nifty50 ending at 18,338.55, up by almost 1 per cent or 177 points. On the intraday basis it touched an all-time high of 18,350.75.
The current strength in the stock markets is primarily due to the IT and banking stocks, market expert Avinash Gorakshakar said. ICICI Bank and Axis Bank which are due to announce their July-September results are expected to put up a strong show, he opined. He was also bullish on the State Bank of India (SBI).
See Zee Business Live TV Streaming Below:
See Full Story HereThe stock has seen a rally over the last three trading sessions.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.