Hindustan Unilever, Bharti Airtel, TCS: Axis Direct recommends buying 5 stocks for 5-15 days
Axis Direct Top 5 Stocks: In Thursday's session, domestic equity benchmarks registered unprecedented levels with the 50-scrip Nifty50 index both crossing and settling above the psychologically important 24,800 mark for the first time ever led by sharp buying interest in IT, financial and FMCG shares. Both headline indices were up 0.8 per cent at the end of a volatile session, with the Sensex rising 626.9 points to 81,343.5 and the Nifty50 gaining 187.9 points to settle at 24,800.9 - their highest closing levels. 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 has recommended five stocks including Hindustan Unilever, Mrs Bectors, Bharti Airtel, TCS and State Bank of India. These stocks can generate huge profits in the next 5-15 days.
Hindustan Unilever EQ
The first stock picked by Axis Direct is Hindustan Unilever. This stock is currently trading at Rs 2738.4. The brokerage has given a target price of Rs 3,060 with a stop loss of Rs 2,697. The recommended entry price ranges from Rs 2,717 to Rs 2,745.
Target Price: Rs 3,060
Stop Loss: Rs 2,697
Mrs Bectors EQ
The second stock picked by the brokerage is Mrs Bectors, with a target price of Rs 1,635 and a stop loss of Rs 1,430. The recommended entry price ranges from Rs 1,453 to Rs 1,468.
Target Price: Rs 1,635
Stop Loss: Rs 1,430
Bharti Airtel EQ
The brokerage firm has a BUY recommendation on Bharti Airtel as well. The stock is currently trading at Rs 1483.65. The target price of the stock is Rs 1,540 with a stop loss of Rs 1,455. The recommended entry price is Rs 1,482.
Target Price: Rs 1,540
Stop Loss: Rs 1,455
TCS EQ
Axis Direct has given a BUY recommendation to TCS as well. The stock is currently trading at Rs 4315.55. The target price of the stock is Rs 4400 with a stop loss of Rs 4,260.
Target Price: Rs 4400
Stoploss: Rs 4,260
State Bank of India EQ
Axis Direct also picked State Bank of India. The brokerage has given a target price of Rs 930 for the stock with a stop loss of Rs 875. The recommended entry price is Rs 892.
Target Price: Rs 930
Stoploss: Rs 875