Stocks to buy for 2 weeks: Axis Direct picks Alkem Lab, Indian Renewable Energy, Advanced Enzyme and 2 more stocks, check out targets and stop losses
At 1.40 PM, the Sensex was up 0.21 per cent, or 173.9 points, to 81,882.5, while the Nifty was up 52.2 points, or 0.22 per cent, to 25,064.6.
The Indian equity indexes began flat on Tuesday (August 27), following mixed indications from the global market.
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Sensex and Nifty today at 1.40 PM
At 1.40 PM, the Sensex was up 0.21 per cent, or 173.9 points, to 81,882.5, while the Nifty was up 52.2 points, or 0.22 per cent, to 25,064.6.
Rupee vs dollar
At the interbank foreign exchange market, the local currency started at 83.91, then fell further to 83.95, a loss of 8 paise from the previous close.
Axis Direct recommends buying 5 stocks for 15 days
Meanwhile, brokerage Axis Direct recommended buying 5 stocks for 1-2 weeks. Let's check their target prices and stop losses. The potential returns are based on yesterday's (August 26) share closing price.
Alkem Lab, Chemcon Special, Indian Renewable, Varroc Engineer, and Advanced Enzyme stocks
These stocks include Alkem Lab, Chemcon Special, Indian Renewable, Varroc Engineer, and Advanced Enzyme.
Alkem Laboratories
Share price target: Rs 6,238
Potential upside: Up to 7%
Stop loss: Rs 5,834
Buying range: Rs 5,875 - 5,935
Chemcon Speciality Chemicals
Share price target: Rs 312
Potential upside: Up to 14%
Stop loss: Rs 268
Buying range: Rs 277-279
Varroc Engineering
Share price target: Rs 616
Potential upside: Up to 8%
Stop loss: Rs 562
Buying range: Rs 569- 574
Indian Renewable Energy Development Agency
Share price target: Rs 285
Potential upside: Up to 12%
Stop loss: Rs 245
Buying range: Rs 253- 255
Advanced Enzyme Technologies
Share price target: Rs 507
Potential upside: Up to 10%
Stop loss: Rs 455
Buying range: Rs 463- 468
Disclaimer: The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.