Shares to buy for short term: Axis Securities recommends 13 largecap, 2 midcap scrips; note down ratings and targets

Domestic brokerage, Analysts from Axis Securities have shared stock recommendations for the August month.

ZeeBiz WebTeam | Aug 02, 2024, 02:39 PM IST

Domestic headline indices, Sensex and Nifty began today's (August 2, 2024) session on a negative note. At around, 12:40 pm, Sensex plunged over 850 pts, while the Nifty 50 slipped 287 pts from the previous close.

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Shares to buy for short term: Axis Securities recommends 13 largecap, 2 midcap scrips

Shares to buy for short term: Axis Securities recommends 13 largecap, 2 midcap scrips

The performance was dragged by automobile, information technology (IT), and energy sector stocks such as Reliance Industries Limited, Larsen and Toubro, ICICI Bank, TCS, and Maruti Suzuki. Meanwhile, HDFC Bank, Sun Pharma, and Nestle India were top gainers at the moment.

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Shares to buy for short term: Axis Securities recommends 13 largecap, 2 midcap scrips

Shares to buy for short term: Axis Securities recommends 13 largecap, 2 midcap scrips

Amid this, if you are looking for equity investment options for a short-term period of one month. Domestic brokerage, Analysts from Axis Securities have shared stock recommendations for the August month.

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Shares to buy for short term: 13 largecap, 2 midcap scrips

Shares to buy for short term: 13 largecap, 2 midcap scrips

These stocks carry several categories including, finance, healthcare, and IT.

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Shares to buy for short term: 13 largecap, 2 midcap scrips

Shares to buy for short term: 13 largecap, 2 midcap scrips

The stocks list includes 13 largecap, and two midcap:

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Largecap stocks to buy for short term: ICICI Bank shares

Largecap stocks to buy for short term: ICICI Bank shares

The brokerage has an 'equal-weight' rating on the ICICI Bank stock with a short-term target of Rs 1,425.

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Largecap stocks to buy for short term: Nestle India shares

Largecap stocks to buy for short term: Nestle India shares

Axis Securities has an 'overweight' rating on Nestle India shares with a short-term  target of Rs 2,800.

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Largecap stocks to buy for short term: SBI shares

Largecap stocks to buy for short term: SBI shares

The brokerage has an 'equal-weight' rating on the State Bank of India shares with a short-term target of Rs 1,010.

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Largecap stocks to buy for short term: Varun Beverages shares

Largecap stocks to buy for short term: Varun Beverages shares

Axis Securities has an 'equal-weight' rating on Varun Beverages Ltd (VBL) shares with a short-term target of Rs 1,800.

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Largecap stocks to buy for short term: HDFC Bank shares

Largecap stocks to buy for short term: HDFC Bank shares

Analysts have an 'equal-weight' rating on the HDFC Bank stock with a short-term target of Rs 1,950.

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Largecap stocks to buy for short term: Bharti Airtel shares

Largecap stocks to buy for short term: Bharti Airtel shares

Axis Securities has an 'overweight' rating on telecom major, Bharti Airtel shares with a short-term target of Rs 1,650.

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Largecap stocks to buy for short term: TVS Motor shares

Largecap stocks to buy for short term: TVS Motor shares

The brokerage has an 'overweight' rating on the TVS Motors stock with a short-term target of Rs 2,900.

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Largecap stocks to buy for short term: Cholamandalam Investment shares

Largecap stocks to buy for short term: Cholamandalam Investment shares

The brokerage has an 'equal-weight' rating on the Cholamandalam Investment & Finance Company stock with a short-term target of Rs 1,710.

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Largecap stocks to buy for short term: HCLTech shares

Largecap stocks to buy for short term: HCLTech shares

Axis Securities has an 'equal-weight' rating on HCL Technologies shares with a short-term target of Rs 1,810.

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Largecap stocks to buy for short term: Lupin shares

Largecap stocks to buy for short term: Lupin shares

The brokerage has an 'overweight' rating on Lupin shares with a short-term target of Rs 2,105.

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Largecap stocks to buy for short term: Dalmia Bharat shares

Largecap stocks to buy for short term: Dalmia Bharat shares

The brokerage has an 'overweight' rating on Dalmia Bharat Ltd shares with a short-term target of Rs 2,120.

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Largecap stocks to buy for short term: Federal Bank shares

Largecap stocks to buy for short term: Federal Bank shares

Axis Securities has an 'equal-weight' rating on the Federal Bank stock with a short-term target of Rs 230.

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Largecap stocks to buy for short term: CIE Automotive shares

Largecap stocks to buy for short term: CIE Automotive shares

Analysts have an 'overweight' rating on the CIE Automotive India stock with a short-term target of Rs 650.

 

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Midcap stocks to buy for short term: Westlife FoodWorld shares

Midcap stocks to buy for short term: Westlife FoodWorld shares

Axis Securities has an 'overweight' rating on Westlife FoodWorld shares with a short-term target of Rs 915.

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Midcap stocks to buy for short term: JK Infraprojects shares

Midcap stocks to buy for short term: JK Infraprojects shares

The brokerage has an 'overweight' rating on J Kumar Infraprojects shares with a short-term target of Rs 950.

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Shares to buy for short term: Axis Securities recommends 13 largecap, 2 midcap scrips

Shares to buy for short term: Axis Securities recommends 13 largecap, 2 midcap scrips

Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.

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