Axis Direct suggests buying Sansera Engineering, Aavas Financiers and PB Fintech shares for 15 days for up to 12% gains; details inside
The 30-share BSE Sensex rose 236.57 points, or 0.29 per cent, to 83,184.80, its lifetime high. During the day, it surged 825.38 points, or 0.99 per cent, to a new intra-day high of 83,773.61.
The benchmark market indexes Sensex and Nifty rose to new record highs on Thursday (September 19), in line with strong global trends, after the US Federal Reserve issued the first policy rate drop in almost four years.
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30-share BSE Sensex at lifetime high
The 30-share BSE Sensex rose 236.57 points, or 0.29 per cent, to 83,184.80, its lifetime high. During the day, it surged 825.38 points, or 0.99 per cent, to a new intra-day high of 83,773.61.
NSE Nifty today
The NSE Nifty rose 38.25 points, or 0.15 per cent, to 25,415.80. During the day, it gained 234.4 points, or 0.92 per cent, to set a new intra-day record high of 25,611.95.
Rupee vs Dollar
On Thursday, the rupee rose by 10 paise to a two-month high of 83.66 versus the US dollar after the US Federal Reserve dropped the benchmark interest rate by 0.50 per cent, improving market morale.
Axis Direct picks five stocks
Brokerage Axis Direct has picked five stocks to buy for 15 days for up to 12 per cent gains.
Stocks to buy
These shares include Sansera Engineering, Aavas Financiers, and PB Fintech. A look at their targets and stop losses.
Sansera Engineering share price target
Axis Direct has picked Sansera Engineering for a target of Rs 1,736. The stop loss is Rs 1,558, and the entry price range is Rs 1,580 - 1,595. The stock has a potential upside of up to 9 per cent from its today's closing price of Rs 1591.3 each.
Share price target of Aavas Financiers
Axis Direct has picked Aavas Financiers for a target of Rs 2,085. The stop loss is Rs 1,785 and the entry price range is Rs 1,842 - 1,860. The stock has a potential upside of up to 12 per cent from its today's closing price of Rs 1,864 each.
PB Fintech share price target
Axis Direct has picked Aavas Financiers for a target of Rs 2,030. The stop loss is Rs 1,810 and the entry price range is Rs 1,845 - 1,865. The stock has a potential upside of up to 8 per cent from its today's closing price of Rs 1,881.3 each.
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.