11 Stocks to Make Money in Record High Market: SBI, Oil India, ONGC, Titan, Suzlon Energy, Global Health and more
Ahead of such a rousing start to the share marketon Monday (June 3, 2024), brokerages such as Morgan Stanley, Jefferies, Yes Securities, Axis Direct, Kotak Securities, and HDFC Securities, have picked a number of stocks such as Global Health, ONGC, SBI, Ashoka Buildcon, Titan, Suzlon, Oil India, Auro Pharma.
11 Stocks to Make Money in Record Market: The share market was off to a bolstering start on Monday (June 3, 2024) as both leading indices BSE Sensex and Nifty 50 touched their respective record highs. Both indices were in rude health with BSE Sensex up by 2145.90 points at 76,107.21, while Nifty 50 was higher by 648.20 points on Monday. Such a strong start has come on the back of exit poll results for Lok Sabha Elections 2024, where almost all leading exit polls are showing BJP-led NDA regaining majority. The result of the 2024 Lok Sabha Elections will be declared on Tuesday (June 4, 2024). Ahead of such a rousing start to the share market, brokerages such as Morgan Stanley, Jefferies, Yes Securities, Axis Direct, Kotak Securities, and HDFC Securities, have picked a number of stocks such as Global Health, ONGC, SBI, Ashoka Buildcon, Titan, Suzlon Energy, Oil India, and Auro Pharma. In this gallery, know their ratings, target prices, and stop losses.
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Yes Securities on Oil India
The brokerage has given a 'buy' rating to OMC PSU with a target price of Rs 820, which is an upside of 26%.
Morgan Stanley on Suzlon
Morgan Stanley has initiated coverage on Suzlon with an 'overweight' rating and a target price of Rs 58.50.
CLSA on Apollo Hospitals
CLSA has upgraded Apollo Hospitals to 'buy' with a target price of Rs 7,150 per share.
Macquarie on Auro Pharma
Macquarie has maintained a 'buy' on Auro Pharma with a target price of Rs 1,385.
Axis Direct on Global Health
Axis Direct has initiated coverage on Global Health with a 'buy' rating. It has given a share price target of Rs 1,475.
LKP Securities on Kotak Mahindra Bank
The brokerage has recommended a 'buy' rating on Kotak Mahindra Bank with a target price of Rs 2,124.
Axis Direct on ONGC
The brokerage has given a 15-day target of Rs 302 for the OMC PSU for a stop loss at Rs 274.
HDFC Securities on State Bank of India
HDFC Securities has given a 2-month target for SBI at Rs 1,044 with stop loss at Rs 765, an 17.98% upside.
HDFC on Ashoka Buildcon
The brokerage has given a 3-month target of Rs 220 with a stop loss at Rs 164. It's an upside of 13.87%.
Kotak Securities on Titan
The brokerage has given a target price of Rs 3,600 for the stock.
Kotak Securities on SBI
The brokerage has given a target of Rs 950 for the PSU bank stock.