Which stocks to buy? Granules India, IDFC, Bajaj Auto and other shares analysts recommend

Stocks to buy today: In conversation with Zee Business, market experts Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia, Himanshu Gupta, and Ambareesh Baliga share their top recommendations for the April 5 session.

ZeeBiz WebTeam | Apr 05, 2023, 10:46 AM IST

Stocks to buy today: In conversation with Zee Business, market experts Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia, Himanshu Gupta, and Ambareesh Baliga share their top recommendations for the April 5 session.

Stocks such as Granules India, IDFC, Bajaj Auto and Mahindra CIE among others are on their 'buy' list for today.

Here's Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia, Himanshu Gupta, and Ambareesh Baliga recommend for the April 5 session in this instalment of the special 'Pick of the Day' segment on Zee Business:

 

1/4

Granules India shares

Granules India shares

Buy Granules India shares | Target: Rs 311 | Stop loss: Rs 287

Rakesh Bansal of Rakesh Bansal Ventures is bullish on Granules India amid good technical structure on the chart and good momentum in overall pharma stocks. He said there was a breakdown in stock last week and it has crossed all lower levels, expecting the stock may rise, going forward.

Image Source: Pixabay

2/4

IDFC shares

IDFC shares

Buy IDFC shares | Target: Rs 83/84| Stop loss: Rs 78

Zee Business panelist and market expert Kunal Saraogi is upbeat on IDFC shares. He believes the stock is establishing a splendid structure of Ascending pattern and may show an up move, hence advises to buy the stock at lower levels.

Image Source: Pixabay

3/4

Bajaj Auto shares

Bajaj Auto shares

Buy Bajaj Auto shares | Target: Rs 4070/4120 | Stop loss: Rs 3920

With support at Rs 3920, Bajaj Auto share price may grow further amid an extended rally, Choice Broking Executive Director Sumeet Bagadia said in his view, he added that the stock has breached its recent highs and it's strong technically and eventually may show Rs 100-150 upside.

 

Similarly, another market expert Himanshu Gupta is also of the view that Bajaj Auto established an inverted head and shoulder breakout on Monday.

Image Source: Pixabay

4/4

Mahindra CIE Automotive shares

Mahindra CIE Automotive shares

Buy Mahindra CIE Automotive shares | Target: Rs 476

Mahindra CIE Automotive is a joint venture between Mahindra & Mahindra and CIE – a Spain-based auto component company. According to the market expert, Ambareesh Baliga soon the company’s name will be changed to CIE Automotive India as M&M exiting the JV.

 

Mahindra CIE has a diversified customer base and has plants across India and Europe, it manufactures forgings and other auto components, wherein 55 per cent company’s revenue is from India and the balance of revenue from Europe.

Image Source: Pixabay



 

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(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)

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