ICICI Direct: 5 shares to buy for 5-15 days for up to 15% gains
As of 1.20 PM, the NSE Nifty 50 was 84.20 points, or 0.36 per cent higher, at 23,343.50, while the S&P BSE Sensex gained 223.88 points, or 0.29 per cent, to 76,708.50.
The Indian benchmark stock indexes recovered after swinging between positive and negative territory during early trade on Tuesday, June 11, powered by increases in Larsen & Toubro Ltd, Oil and Natural Gas Corp, and Mahindra & Mahindra Ltd.
Nifty 50 and BSE Sensex
As of 1.20 PM, the NSE Nifty 50 was 84.20 points, or 0.36 per cent higher, at 23,343.50, while the S&P BSE Sensex gained 223.88 points, or 0.29 per cent, to 76,708.50.
Sansera Engineering
The first stock picked by ICICI Direct is Sansera Engineering. The brokerage has given a target price of Rs 1,212. This implies around 12 per cent upside from its last closing price of Rs 1079.50 on Monday, June 10.
Wockhardt
The second stock picked by the brokerage is Wockhardt with a target of Rs 659. This can give you a return of almost 15 per cent from its closing price of Rs 570.75 on Monday, June 10.
Just Dial
The third stock on the list is Just Dial. ICICI Direct suggests a target of Rs 1,070 per share. This is an upside of around 10 per cent from its last closing price of Rs 973.50 on Monday, June 10.
City Union Bank
The next stock chosen by ICICI Direct is City Union Bank for a target price of Rs 164. On Monday, June 10, the shares of City Union Bank closed at Rs 147.60 which means the stock can give returns of up to 12 per cent.
Hindustan Zinc
ICICI Direct also picked Hindustan Zinc. The brokerage has given a target price of Rs 775. This implies an over 15 per cent upside from its last closing price of Rs 671.5 on Monday, June 10.
Disclaimer
The views/suggestions/advices expressed here in this article are solely by brokerage firm. Zee Business suggests its readers consult their investment advisers before making any financial decision.