Should you buy Infosys, Power Grid, Dr Reddy's Labs, Nykaa, other stocks today? Here is what brokerages recommend
Here's what Goldman Sachs, Jefferies, Macquarie, JPMorgan, Citi, Morgan Stanley, CLSA, HSBC and Nomura make of stocks such as Infosys (INFY), Power Grid Corporation (POWERGRID), Dr Reddy's Laboratories (DRREDDY), and FSN E-Commerce Ventures (NYKAA).
As Dalal Street enters the June 18 session, brokerages have a dozen stocks on their radar. Here's what Goldman Sachs, Jefferies, Macquarie, JPMorgan, Citi, Morgan Stanley, CLSA, HSBC and Nomura make of stocks such as Infosys (INFY), Power Grid Corporation (POWERGRID), Dr Reddy's Laboratories (DRREDDY), FSN E-Commerce Ventures (NYKAA):
Should you buy M&M shares today?
Three brokerages, Jefferies, Nomura, and HSBC have maintained a 'buy' call on the Mahindra & Mahindra (M&M) stock with a target of Rs 3,510, Rs 3,374, and Rs 3,340, respectively. On the other side, CLSA has maintained a 'sell' call on the stock with a target of Rs 2,636.
JPMorgan and Morgan Stanley have maintained an 'overweight' rating on M&M shares with a target of Rs 3,160 and Rs 3,049, respectively. Meanwhile, Macquarie has maintained an 'outperform' rating on the stock with a target of Rs 3,281.
Should you buy Vedanta shares today?
CLSA has maintained a 'buy' call on Vedanta shares with a target of Rs 520.
Should you buy VIL shares today?
UBS has maintained a 'buy' call on the Vodafone Idea Ltd (VIL) stock with a target of Rs 18.
Should you buy Infosys shares today?
Jefferies has maintained a 'buy' call on Infosys shares with a target of Rs 1,630, while CLSA has maintained an 'outperform' rating on the stock with a target of Rs 1,553.
Should you buy Nykaa shares today?
Nomura and Goldman Sachs have maintained a 'neutral' rating on FSN E-Commerce Ventures (Nykaa) shares with a target of Rs 203 and Rs 140, respectively.
Morgan Stanley has maintained an 'overweight' rating on the Nykaa stock with a target of Rs 198.
Jefferies has maintained a 'buy' call on Nykaa shares with a target of Rs 220, while Citi has maintained a 'sell' call on the stock with a target of Rs 170.
Macquarie has maintained an 'underperform' rating on Nykaa with a target of Rs 135. Meanwhile, JPMorgan has maintained an 'underweight' rating on the stock with a target of Rs 138.
Should you buy Zomato shares today?
JPMorgan has maintained an 'overweight' rating on Zomato shares with a target of Rs 208.
Should you buy IIFL Finance shares today?
HSBC has maintained a 'reduce' rating on IIFL Finance shares with a target of Rs 320, while Jefferies has maintained a 'hold' rating on the stock with a target of Rs 465.
Should you buy Aurobindo Pharma shares today?
Citi has maintained a 'sell' call on Aurobindo Pharma shares with a target of Rs 1,040.
Should you buy Dr Reddy's Labs shares today?
Citi has maintained a 'sell' call on Dr Reddy's Laboratories shares with a target of Rs 5,200. Moreover, Jefferies has maintained an 'underperform' rating on the stock with a target of Rs 5,010.
HSBC has maintained a 'hold' call on Dr Reddy’s shares with a target of Rs 6,570.
Should you buy Power Grid shares today?
Goldman Sachs has maintained a 'buy' call on Power Grid Corporation shares with a target of Rs 355.
Should you buy Hitachi Energy shares today?
Goldman Sachs has maintained a 'buy' call on Hitachi Energy shares with a target of Rs 8,250.
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