Stocks to buy today: Axis Bank, Tata Motors, Trent among analysts' top picks
Market experts Himanshu Gupta, Vikas Sethi, Rakesh Bansal, Kunal Saraogi and Sumeet Bagadia have shared their top stock recommendations for the day in this special segment.
Stocks to buy today, January 04, 2024: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Vikas Sethi, Rakesh Bansal, Kunal Saraogi and Sumeet Bagadia share their top stock recommendations in this special segment, Pick of the Day. On the analysts' 'buy' list are stocks such as Sobha, Poonawalla Fincorp, Chambal Fertilisers and Chemicals, Vedanta, Power Finance Corporation (PFC), Tata Motors, Axis Bank and Trent.
Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.
Sobha
Himanshu Gupta of Globe Capital Markets recommends buying Sobha shares for targets of Rs 1,160 and 1,175 with a stop loss at Rs 1,090.
Vedanta, Poonawalla Fincorp, Chambal Fertilisers, PFC, India Cements
Vikas Sethi of Sethi Finmart is positive on five stocks: Poonawalla Fincorp, Chambal Fertilisers and Chemicals, Vedanta, Power Finance Corporation (PFC) and India Cements.
He recommends buying Poonawalla Fincorp shares for a target of Rs 445 with a stop loss at Rs 425, Chambal Fertilisers and Chemicals shares for a target of Rs 450 with a stop loss at Rs 380, Vedanta shares for a target of Rs 275 with a stop loss at Rs 260, PFC shares for a target of Rs 405 with a stop loss at Rs 388, and India Cements shares for a target of Rs 270 with a stop loss at Rs 260.
Tata Motors
Rakesh Bansal of Rakesh Bansal Ventures recommends buying Tata Motors shares for an intraday target of Rs 800 with a stop loss at Rs 770.
Axis Bank, Chambal Fertilisers
Kunal Saraogi of Equityrush recommends buying Axis Bank shares for targets of Rs 1,115 and Rs 1,135 with a stop loss at Rs 1,095.
He also suggests buying Chambal Fertilisers and Chemicals shares for targets of Rs 397 and Rs 405 with a stop loss at Rs 384.
Trent
Sumeet Bagadia of Choice Broking recommends buying Trent shares for targets of Rs 3,140 and Rs 3,200 with a stop loss at Rs 2,980.