Sharekhan picks these 5 stocks for up to 15% gains; check targets and stop losses
At 1.51 PM, the Sensex was 0.35 per cent up at 80,799.59 while the Nifty jumped 0.45 per cent to Rs 24,612.40.
The Indian markets began the week on a bullish note, with both indexes rising modestly during the opening trading on Monday morning.
Sensex and Nifty today
At 1.51 PM, the Sensex was 0.35 per cent up at 80,799.59 while the Nifty jumped 0.45 per cent to Rs 24,612.40.
Sharekhan picks 5 stocks
Meanwhile, brokerage Sharekhan has picked these five stocks for up to 15 per cent gains. Check out targets and stop losses here:
Share price target of Dabur India
Sharekhan has suggested buying Dabur India stock for a target of Rs 715 for 12 months. On Friday, shares of Dabur India closed at Rs 630 each. This means the stock has a potential upside of up to 13 per cent from its last closing price.
Asian Paints share price target
The brokerage also recommends buying Asia Paints shares for a target of Rs 3,385 for 12 months. On July 12, Asian Paints' shares closed at Rs 2,999.5 each. This means the stock can provide up to 13 per cent from its last closing price.
Share price target of NTPC
Sharekhan suggests buying NTPC stock for 12 months. The brokerage has given a target of Rs 425. On Friday, NTPC shares closed at Rs 377.3 apiece. This means, the stock can provide returns of up to 13 per cent from its last closing price.
Share price target of Maruti Suzuki India
The brokerage also recommends buying Maruti Suzuki shares for a target of Rs 14,434 for 12 months. On July 12, Maruti Suzuki's shares closed at Rs 12,557.4 each. This means the stock can provide up to 15 per cent from its last closing price.
Sun Pharma share price target
Sharekhan suggests buying Sun Pharma stock for 12 months. The brokerage has given a target of Rs 1,800. On Friday, Sun Pharma shares closed at Rs 1,578.3 apiece. This means, the stock can provide returns of up to 14 per cent from its last closing price.
The views/suggestions/advice expressed here in this article are solely by the brokerage firm. Zee Business suggests its readers consult their investment advisers before making any financial decision.