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Market wizard Anil Singhvi shares views on Tata Steel, Cummins India, GMR Airports, Bata, Samvardhana Motherson, other stocks today
- Written by ZeeBiz WebTeam
Published: Zee Business| Updated: Zee Business
As domestic equity benchmarks Sensex and Nifty50 begin Thursday's session in the red, Zee Business Managing Editor Anil Singhvi shares his thoughts on a bunch of stocks. Here's what the market wizard suggests investors do with stocks such as Tata Steel (TATASTEEL), Cummins India (CUMMINSIND), GMR Airports Infrastructure (GMRINFRA), Bata India (BATAINDIA), CG Power and Industrial Solutions (CGPOWER), and Samvardhana Motherson International (MOTHERSON).
1/6
Tata Steel results better than estimates: Anil Singhvi
1/6The market guru points out that Tata Steel's quarterly numbers beat analysts' expectations with strong growth in volumes.
2/6
Buy Tata Steel futures: Anil Singhvi
2/6The market wizard suggests buying Tata Steel futures for targets of Rs 178, Rs 180 and Rs 182 with a stop loss at Rs 172.
3/6
Buy Cummins India futures: Anil Singhvi
3/6The market guru suggests buying Cummins India futures for targets of Rs 3,895, Rs 3,930 and Rs 3,975 with a stop loss at Rs 3,770, citing the company's all-round strong quarterly performance.
4/6
Cummins India results strong on all parameters: Anil Singhvi
4/6The market wizard highlights that Cummins India's March-quarter results were strong in all aspects with an impressive operational performance.
He points out that the only problem is the stock has risen 43 per cent already in the past three months.
5/6
Support for Bata India futures at Rs 1,350: Anil Singhvi
5/6The market guru expects a higher level in Bata India futures at Rs 1,400.
The company has staged a strong operational performance and its management is positive on future demand, he mentions.
6/6
Buy GMR Airports Infrastructure stock: Anil Singhvi
6/6The market wizard suggests buying GMR Airports Infra shares in the cash segment for targets of Rs 89, Rs 90 and Rs 92 with a stop loss at Rs 85.5.
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