5 stocks to buy: Prabhudas Lilladher picks CG Power, DLF, HFCL and 2 more stocks; check out targets
Today, the Sensex closed at 83,079, up 90 points, or 0.11 per cent, while the Nifty ended at 25,418, up 34 points, or 0.14 per cent.
Indian equity indexes finished marginally higher as market investors moved their focus to the US Federal Open Market Committee's policy meeting, which will start later in the day on Tuesday.
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Sensex and Nifty today
Today, the Sensex closed at 83,079, up 90 points, or 0.11 per cent, while the Nifty ended at 25,418, up 34 points, or 0.14 per cent.
Prabhudas Lilladher picks 5 momentum stocks
Meanwhile, brokerage Prabhudas Lilladher picks momentum stocks for traders. Let's take a look at the target prices and stop losses.
CG Power Share Price Target
The brokerage suggests buying CG Power and Industrial Solutions stock for a target of Rs 760. The stop loss is Rs 714. This means the stock has a potential upside of up to 4 per cent from its today's closing price of Rs 731 each.
DLF Share Price Target
The brokerage suggests buying DLF stock for a target of Rs 880. The stop loss is Rs 855. This means the stock has a potential upside of up to 3 per cent from its today's closing price of Rs 858 each.
Share price target of Genus Power Infrastructures
The brokerage suggests buying Genus Power stock for a target of Rs 440. The stop loss is Rs 405. This means the stock has a potential upside of up to 6 per cent from its today's closing price of Rs 414 each.
HFCL Share Price Target
The brokerage suggests buying HFCL stock for a target of Rs 160. The stop loss is Rs 145. This means the stock has a potential upside of up to 4 per cent from its today's closing price of Rs 153.7 each.
CDSL Share Price Target
The brokerage also suggests buying CDSL stock for a target of Rs 1,600. The stop loss is Rs 1,390. This means the stock has a potential upside of up to 10 per cent from its today's closing price of Rs 1,457 each.
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.