Stock to buy for 2-3 days: MOFSL picks this cement stock; check target price and other details
Stock to buy for 2-3 days: MOFSL has given a target of Rs 2,900 each. On Tuesday, July 9, shares of Grasim closed trading at Rs 2772.6 each. This means the share has a potential upside of up to five per cent from its last closing price.
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Stock to buy for 2-3 days: Equity benchmark indexes fell after reaching new record highs in early trade on Wednesday, with the Sensex falling more than 900 points, driven by M&M and IT stocks, as well as broadly unfavourable global market trends.
Profit-taking following a record-breaking rise also hurt the markets.
During the opening trading, the 30-share BSE Sensex rose 129.72 points to a new all-time high of 80,481.36. However, the benchmark quickly retreated, falling 915.88 points to 79,435.76 in late morning trading.
Despite that, brokerage Motilal Oswal Financial Services Ltd (MOFSL) has made Grasim Industries as its technical pick for 2-3 days.
Grasim share price target
MOFSL has given a target of Rs 2,900 each. On Tuesday, July 9, shares of Grasim closed trading at Rs 2772.6 each. This means the share has a potential upside of up to five per cent from its last closing price.
However, today at 1.36 PM IST, Grasim shares were trading 0.8 per cent higher at Rs 2,794.8 each on BSE.
Disclaimer: The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.
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