How market wizard Anil Singhvi views Godrej Consumer, Marico, BPCL, Titagarh Rail, other stocks today
As the Nifty50 once again slips below 22,450, about 1.5 per cent below a lifetime high scaled last week, Zee Business Managing Editor Anil Singhvi shares his thoughts on a bunch of stocks. Here's what the market wizard suggests on scrips such as Lupin, Gujarat Gas and Godrej Consumer Products. :
With the headline Nifty50 index about 1.5 per cent below a lifetime high scaled last week, Zee Business Managing Editor Anil Singhvi shares his thoughts on a bunch of stocks.
Here's what the market wizard suggests on scrips such as Godrej Consumer Products, Marico, Lupin, Gujarat Gas and Bharat Petroleum Corp:
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Buy Godrej Consumer Products futures: Anil Singhvi
The market guru suggests buying Godrej Consumer Products futures for targets of Rs 1,265 and Rs 1,280 with a stop loss at Rs 1,210, citing better-than-expected results, and strong as well as best-in-sector volume growth.
The net loss was due to an exceptional item of Rs 2,375 crore, and the operational performance is very strong, he points out.
Buy Hindalco futures: Anil Singhvi
The market wizard suggests buying Hindalco futures for targets of Rs 654 and Rs 660 with a stop loss at Rs 637.
He points out that Novalis staged a strong financial performance for the March quarter.
Buy Titagarh Rail Systems shares: Anil Singhvi
The market guru has a 'buy' call on Titagarh Rail Systems shares with targets of Rs 1,060 and Rs 1,075 and a stop loss at Rs 1,020.
Railway stocks are looking very strong, he adds.
Crude oil trading lower: Anil Singhvi
The market guru suggests buying HPCL futures for targets of Rs 528, Rs 534 and Rs 540 with a stop loss at Rs 507 citing lower crude oil prices.
Marico commentary very strong: Anil Singhvi
The market guru suggests buying Marico futures for targets of Rs 540, Rs 545 and Rs 552 with a stop loss at Rs 526.
Lupin stages strong operational performance, management confident of FY25: Anil Singhvi
The market wizard expects Lupin futures to find support at Rs 1,655 and Rs 1,637. He sees higher levels in the futures coming in at Rs 1,715 and Rs 1,730 levels.
Gujarat Gas results better than estimates, operational performance strong: Anil Singhvi
The market guru suggests buying Gujarat Gas futures for targets of Rs 558 and Rs 565 with a stop loss at Rs 542.