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.

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.

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.

These stocks include Alkem Lab, Chemcon Special, Indian Renewable, Varroc Engineer, and Advanced Enzyme.

Share price target: Rs 6,238
Potential upside: Up to 7%
Stop loss: Rs 5,834
Buying range: Rs 5,875 - 5,935

Share price target: Rs 312
Potential upside: Up to 14%
Stop loss: Rs 268
Buying range: Rs 277-279

Share price target: Rs 616
Potential upside: Up to 8%
Stop loss: Rs 562
Buying range: Rs 569- 574

Share price target: Rs 285
Potential upside: Up to 12%
Stop loss: Rs 245
Buying range: Rs 253- 255

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.