Which stocks to buy? SBI, Godrej Consumer, MGL, other shares analysts recommend buying
Stocks to buy today: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Himanshu Gupta and Avinash Gorakshakar share their top recommendations for the March 28 session.
Stocks to buy today: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Himanshu Gupta and Avinash Gorakshakar share their top recommendations for the March 28 session. Stocks such as State Bank of India (SBI), Godrej Consumer Products, GNFC and Mahanagar Gas are on their 'buy' list.
Here's what Rakesh Bansal, Himanshu Gupta and Avinash Gorakshakar recommend for the March 28 session in this instalment of the special 'Pick of the Day' segment only on Zee Business:
Godrej Consumer Products (GODREJCP)
Buy Godrej Consumer Products shares | Target: Rs 1,000 | Stop loss: Rs 940
Rakesh Bansal of Rakesh Bansal Ventures is bullish on Godrej Consumer Products. He recommends buying GCPL shares for a target of Rs 1,000 apiece with a stop loss at Rs 940 apiece.
Image: Pixabay
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) shares
Sell GNFC futures | Target: Rs 480/482 | Stop loss: Rs 512
According to Himanshu Gupta of Globe Capital Markets, fertiliser stocks have been weak on the charts lately. He suggests selling GNFC futures for a target of Rs 480/482 with a stop loss at Rs 512.
The stock has given up key support levels on the charts.
Image: Pixabay
Mahanagar Gas (MGL) shares
Buy Mahanagar Gas shares | Target: Rs 1,100 | Duration: 12 months
City gas distribution stocks have staged positive momentum on the back of multiple positive triggers, after a period of underperformance since the beginning of the Ukraine crisis, points out Avinash Gorakssakar of Profitmart Securities.
Image: Pixabay
SBI shares
Buy SBI shares | Target: Rs 600 | Duration: 12-15 months
Avinash Gorakssakar of Profitmart Securities highlights that SBI is a strong stock from a fundamental perspective. He expects good growth in the next quarter.
Image: Pixabay