Should you buy or sell Bajaj Finance, HUL, other stocks now? Here is what brokerages suggest

Share Market News: Domestic equity benchmarks Nifty 50 and Sensex staged a stunning comeback in the fag-end of Monday's session, driven by a recovery in financial, IT and energy shares. Here's what brokerages make of a few stocks buzzing in trade on December 2. As the market entered the final hour of trade, the Sensex bounced back more than 1,000 points from its intraday low to test 80,300 on the upside while the Nifty50 touched the 24,300 mark after defending Mount 24,000 for much of the session. 

Here's a summary of what some of the top brokerages make of a few stocks buzzing in trade: 

Petronet LNG

UBS has upgraded Petronet LNG to 'buy' from 'neutral' and raised its target price for the stock to Rs 400 from Rs 320. 

According to the foreign brokerage, Petronet is expected to benefit from the country's increasing dependence on natural gas and its capacity expansion drive. 

Bajaj Finance

RBL Bank 

Morgan Stanley has maintained its 'underweight' rating on RBL Bank with a target price of Rs 180.

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HUL

Nomura

Nomura has continued with a 'buy' rating on Dixon Tech with a target price of Rs 18,654. 

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Titagarh Rail Systems

HSBC has retained a 'buy' rating on Titagarh Rail Systems but lowered its target price for the stock to Rs 1,425 from Rs 1,980.

Polycab

HSBC has a 'buy' rating assigned to Polycab with a target price of Rs 7,750 per share. 

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