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Stocks to Buy For 15 Days: Analysts recommend largecap and midcap stocks; RVNL, Uno Minda on list
- Written by ZeeBiz WebTeam
Published: Zee Business| Updated: Zee Business
Indian benchmark indices closed in green today, June 4 due to positive global cues like strong US job data. Speculation regarding a possible rate drop was heightened by the current RBI Monetary Policy Committee (MPC) meeting. Today, Sensex closed 260.74 points or 0.32 per cent higher at 80,998.25 while Nifty ended 77.70 points or 0.32 per cent higher at 24,620.20.
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1/10
Smallcap, Midcap and largecap stocks
1/10Smallcaps and midcaps outperformed largecaps on Wednesday. The Nifty Smallcap 100 index increased 142.95 points, or 0.79 per cent, to 18,257.10, while the Nifty Midcap 100 index increased 407.55 points, or 0.71 per cent, to 57,924.65.
2/10
Auto, IT, pharma indices
2/10On a sectoral basis, auto, IT, PSU bank, financial services, pharma, FMCG, metal, media, energy and private indices closed in the green, and only the realty index closed in the red.
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Rupee vs dollar
3/10As foreign investors continued to sell ahead of the RBI policy statement, the rupee traded weak by 25 paise at 85.87, edging closer to the 86.00 barrier.
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5 Stocks to buy for 15 days
4/10Brokerage Axis Securities has picked five stocks to buy for 15 days. Let's check their targets and stop losses.
5/10
What are these 5 stocks?
5/10Analysts recommend buying RVNL, IFCI, APL Apollo Tubes, Uno Minda, and KRBL shares.
6/10
Rail Vikas Nigam Ltd (RVNL) share price target
6/10Target price: Rs 438.5 Stop loss: Rs 404.5 Today's closing price: Rs 430 Potential upside: 2%
7/10
Share price target of IFCI Ltd
7/10Target price: Rs 438 Stop loss: Rs 65.5 Today's closing price: Rs 68 Potential upside: 10%
8/10
APL Apollo Tubes share price target
8/10Target price: Rs 1,963 Stop loss: Rs 1,815 Today's closing price: Rs 1897 Potential upside: 3.5%
9/10
Uno Minda Ltd share price target
9/10Target price: Rs 1,161 Stop loss: Rs 1,013 Today's closing price: Rs 1,056 Potential upside: 10%
10/10
KRBL share price target
10/10Target price: Rs 383 Stop loss: Rs 367 Today's closing price: Rs 367 Potential upside: 4%
The views/suggestions/advice expressed here in this article are solely by the brokerage firm. Zee Business suggests its readers consult their investment advisers before making any financial decision.
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