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FMCG stock to buy: Analysts bullish on ITC scrip, suggest buying for 2-3 days; check out target
- Written by ZeeBiz WebTeam
Published: Zee Business| Updated: Zee Business
Indian stock market opened in the red today, July 22. Sensex tanked 504 points to 80,100.65 in early trade; Nifty dropped 168.6 points to 24,362.30. This was mainly due to weak global cues from Asian peers.
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Sensex and Nifty today
1/5At 1.26 PM, Sensex was at 80,555, down 31 points or 0.038 per cent and Nifty was down 1.1 points or 0.005 per cent, at 24,528.
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Motilal Oswal Financial Services' picks
2/5Meanwhile, brokerage Motilal Oswal Financial Services Ltd (MOFSL) has suggested buying ITC shares from a short-term perspective.
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Motilal Oswal Financial Services' picks
3/5Meanwhile, brokerage Motilal Oswal Financial Services Ltd (MOFSL) has suggested buying ITC shares from a short-term perspective.
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FMCG stock to buy
4/5MOFSL has made ITC as its technical pick and recommended buying for just 2-3 days.
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ITC share price target
5/5On Friday, July 19, shares of ITC closed at Rs 474.3. At 1.19 PM IST, ITC stock was 1.6 per cent down at Rs 466.9 each. The brokerage has given a target of Rs 500. This means the stock has an upside of up to six per cent from its last closing price and over seven per cent from its current price.
The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.
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