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Axis Direct Stocks To Buy: In Thursday's session, domestic equity markets ended on a weak note, dragged down by cautious sentiment ahead of the December-quarter earnings season and tempered expectations of US rate cuts. At closing, the BSE Sensex slipped 467.22 points or 0.6 per cent to settle at 77,681.27, while the NSE Nifty50 declined 133.25 points or 0.56 per cent to close at 23,555.70. Amid this, the brokerage Axis Direct has recommended two stocks that could generate profits in two weeks. These are Piramal Enterprises Ltd and Escorts Kubota Ltd.
The first stock picked by Axis Direct is Piramal Enterprises Ltd. This stock is currently trading at Rs 1032.05. The brokerage has given a target price of Rs 1,065 with a stop loss of Rs 1,000. The recommended entry price is Rs 1,032.
Target Price: Rs 1,065
Stop Loss: Rs 1,000
The second stock picked by the brokerage is Escorts Kubota Ltd, with a target price of Rs 3,490 and a stop loss of Rs 3,365. The recommended entry price is Rs 3,413.
Target Price: Rs 3,490
Stop Loss: Rs 3,365
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