Bajaj Electrical, Aarti Industries, Rites: Axis Direct recommends buying 5 stocks for 5-15 days
Axis Direct Top 5 Stocks: In Wednesday's session, benchmark indices clocked their fresh closing peak. At the close, Sensex added 0.69 per cent ot 545.34 points and ended at 79,986.8, while Nifty ended at 0.67 per cent or 162.65 points to close at 24,286.5 points. Amid this, brokerage firm Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
Disclaimer: The views/suggestions/advices expressed here in this article are solely by brokerage firm. Zee Business suggests its readers consult their investment advisers before making any financial decision.
Stocks to Buy: Axis Direct's Pick
The brokerage firm has recommended five stocks including Aarti Industries, Bajaj Electrical, New India Assura, Rites, and NHPC Ltd. These stocks can generate huge profits in the next 5-15 days.
Aarti Industries EQ
The first stock picked by Axis Direct is Aarti Industries. This stock is currently trading at Rs 718.45. The brokerage has given a target price of Rs 741 with a stop loss of Rs 713. The recommended entry price is Rs 721.
Target Price: Rs 741
Stop Loss: Rs 713
Rites EQ
Axis Direct has given a BUY recommendation to Rites as well. The stock is currently trading at Rs 747.7. The target price of the stock is Rs 809 with a stop loss of Rs 713.
Target Price: Rs 809
Stoploss: Rs 713
NHPC Ltd EQ
Axis Direct also picked NHPC Limited. The brokerage has given a target price of Rs 115 for the stock with a stop loss of Rs 101. The recommended entry price ranges from Rs 102.60 to Rs 103.70.
Target Price: Rs 115
Stoploss: Rs 101
New India Assura EQ
The brokerage firm has a BUY recommendation on New India Assura as well. The stock is currently trading at Rs 255.84. The target price of the stock is Rs 286 with a stop loss of Rs 242. The recommended entry price ranges from Rs 250 to Rs 253.
Target Price: Rs 286
Stop Loss: Rs 242
Bajaj Electrical EQ
The second stock picked by the brokerage firm is Bajaj Electrical, with a target price of Rs 1,158 and a stop loss of Rs 1,066. The recommended entry price ranges from Rs 1,079 to Rs 1,089.
Target Price: Rs 1,158
Stop Loss: Rs 1,066