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Stocks to Buy: In Thursday's session, Nifty ended just above 24,100 levels, down 0.74 per cent or 180.5 points at 24,117 levels, while the 30-scrip BSE Sensex ended at 78,886.22, down 0.73 per cent or 581.79 points. Amid this, brokerage HDFC Securities has recommended three stocks for positional traders to consider buying. These stocks are Jyothy Labs Ltd, Vedant Fashions Ltd, and United Spirits Ltd, with a suggested holding period of up to 10 days.
The first stock picked by HDFC Securities is Jyothy Labs Ltd. It has given a 'BUY' rating on the company with a 10-day outlook. The target price is Rs 560, with a 2.67 per cent potential upside. The stop loss for the share is Rs 507.
Target Price: Rs 560
Stop Loss: Rs 507
HDFC Securities also recommends buying Vedant Fashions Ltd with a 'BUY' rating for a 10-day outlook. The firm suggests buying this stock with a target price of Rs 1219 and a stop loss at Rs 1092, with a 9.01 per cent potential upside.
Target Price: Rs 1219
Stop Loss: Rs 1092
HDFC Securities recommends buying United Spirits Ltd with a 'BUY' rating for a 10-day outlook. It has given a Rs 1529 target for the stock, a potential upside of 4.74 per cent and a stop loss at Rs 1405.
Target Price: Rs 1529
Stop Loss: Rs 1405
Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.