Pick of the day: 2 PSU defence stocks among analysts' top picks for short to medium term
Indian equities boosted by bluechip stocks has been gaining ground for the fourth straight session.
Stocks to buy today, December 4, 2024: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Vikas Sethi and others share their top stock recommendations in this special segment, Pick of the Day.
Pick of the day: HAL
Vikas Sethi - Managing Director of Sethi Finmart recommends buying HAL Futures for a target of Rs 4,600 and one should keep a stop loss of Rs 4,100 per share.
Pick of the day: HAL rationale
The rationale is the Defence Acquisition Council's approval of the procurement proposal.
Pick of the day: Garden Reach Shipbuilders
Vikas Sethi has recommeded to buy state-run PSU stock Garden Reach for a target of Rs 1,760 keeping a stop loss of Rs 1,690 per share.
Pick of the day: Garden Reach Shipbuilders rationale
The expert recommends to buy the scrip on the ocassion of Navy Day i.e. celebrated on December 4.
Pick of the day: UltraTech Cement
UltraTech Cement Share Price Target: Rakesh Bansal of Rakesh Bansal Ventures recommends buying UltraTech futures keeping a stop loss of Rs 11,730 for a target of Rs 12,050
Pick of the day: NALCO
For NALCO, Bansal has recommended a buy in the futures segment keeping a stop loss at Rs 239 and for a target of Rs 260 per share.
Pick of the day: M&M Finance
Kunal Saraogi recommends buying M&M Finance futures for a target of Rs 290/295- with a stop loss placed at Rs 279.
Pick of the day: Hero MotoCorp
Ambareesh Baliga, Independent Market Analyst suggested to buy Hero MotoCorp for a target of Rs 5,980 per share.
Pick of the day: Bharat Electronics
Vishvesh Chauhan, Independent SEBI-Registered advisor has suggested to bet on Bharat Electronics for a target of Rs 318/ 319 and 340 per share. The stop loss to be placed is Rs 290 per share.
Pick of the day: Bajaj Finserv
Sumeet Bagadia of Choice Broking has picked Bajaj Finserv as its pick of the day.
Pick of the day: Bajaj Finserv target
The target for the NBFC stock is Rs 1,650- 1,675 with the stop loss to be kept at Rs 1,570 per share.