Which stocks to buy? Maruti, Glenmark, ONGC and other stocks analysts recommend this week
Stocks to buy this week: Market experts have lined up their stock recommendations for the March 13-17 trading week. On their 'buy' list stocks such as Maruti Suzuki, Glenmark, ONGC, and Shree Cement.
Stocks to buy this week: In conversation with Zee Business Managing Editor Anil Singhvi, the best of market experts have lined up their stock recommendations for the March 13-17 trading week. On their 'buy' list stocks such as Maruti Suzuki, Glenmark, ONGC, and Shree Cement.
Here's what market experts Rakesh Bansal, Sumeet Bagadia, Kunal Saraogi and Sandeep Jain have on their 'buy' list this week:
Buy Glenmark Pharma shares | Target: Rs 444 | Stop loss: Rs 417
According to Rakesh Bansal of Rakesh Bansal Ventures, Glenmark Pharma shares have formed a good technical structure. He expects an upmove in the stock all the way to Rs 444-odd levels.
The stock staged a breakout on Friday, bucking the market trend.
Indian equity benchmarks Sensex and Nifty50 fell around one per cent each on Friday taking weak global cues.
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Buy Maruti Suzuki shares | Target: Rs 8,750/8,800 | Stop loss: Rs 8,475
Sumeet Bagadia of Choice Broking recommends a 'buy on dips' approach on Maruti Suzuki, a stock he believes is set for an upmove in the coming days.
Buy ONGC shares | Target: Rs 159/162 | Stop loss: Rs 154.75
Kunal Saraogi of Equity Rush likes ONGC among oil & gas stocks, a space that outperforming the overall market lately.
ONGC has staged a recovery from its lowest levels in the recent past.
Buy Shree Cement, OFFS, BPCL, HPCL, JB Chem shares
Sandeep Jain of TradeSwift recommends JB Chem & Pharma as his pick of the week. He is also positive on Oracle Financial Services Software, Shree Cement, BPCL, and HPCL shares.
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(Disclaimer: The views/suggestions/advice given in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making a financial decision.)
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