Sensex jumped 97.84 points to settle at an all-time closing high of 82,988.78 today while Nifty was 27.25 points up at 25,383.75.
Brokerage Axis Direct has chosen five stocks for positional traders. These stocks include Vinati Organics, JSW Steel, Balrampur Chini, Biocon, and Strides Pharma. Let's take a look at their target prices.
Axis Direct has given a 'buy' rating on Vinati Organics. The brokerage has given a target of Rs 2,089 and a stop loss of Rs 1,913. This means the stock has an upside of seven per cent from its last closing price.
Axis Direct has given a 'buy' rating on JSW Steel. The brokerage has given a target of Rs 1,026 and a stop loss of Rs 950. This means the stock has an upside of six per cent from its last closing price.
Axis Direct has given a 'buy' rating on Balrampur Chini. The brokerage has given a target of Rs 638 and a stop loss of Rs 560. This means the stock has an upside of 12 per cent from its last closing price.
Axis Direct has given a 'buy' rating on Biocon. The brokerage has given a target of Rs 409.20 and a stop loss of Rs 382. This means the stock has an upside of five per cent from its last closing price.
Axis Direct has given a 'buy' rating on Strides Pharma. The brokerage has given a target of Rs 1,550 and a stop loss of Rs 1,369. This means the stock has an upside of 11 per cent from its last closing price.
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.