Stocks to buy | Delta Corp, LIC Housing Finance, Havells, Muthoot Finance among analysts' top picks for December F&O series
In conversation with Zee Business Managing Editor Anil Singhvi, market experts share their top stock recommendations in this special segment, Pick of the Series.
Stocks to buy: Dalal Street entered a new monthly series of derivatives on Friday, December 1, after the headline Nifty50 index finished the November series with a gain of 1,276 points while the Nifty Bank added 2,202 points. In conversation with Zee Business Managing Editor Anil Singhvi, market experts Sumeet Bagadia, Sandeep Wagle, Kunal Saraogi, Rajesh Palviya, Siddharth Sedani, Sacchitanand Uttekar and Rakesh Bansal share their top stock recommendations in this special segment, Pick of the Series.
On the analysts' 'buy' list are stocks such as LIC Housing Finance, Dr Reddy's Laboratories and Havells India.
(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.)
Delta Corp
Kunal Saraogi of Equity Rush has a 'buy' call on Delta Corp for the new monthly series. He has placed his target for the casino and online gaming company's stock at Rs 160.
LIC Housing Finance
Rakesh Bansal of Rakesh Bansal Ventures suggests buying LIC Housing Finance shares for a target of Rs 532 with a stop loss at Rs 470.
Havells India
Sumeet Bagadia of Choice Broking recommends buying Havells India shares for targets of Rs 1,350 and Rs 1,375 with a stop loss at Rs 1,270.
He suggests existing investors hold the pharma stock for the series.
L&T Finance
Kunal Saraogi of Equity Rush suggests buying L&T Finance shares for a target of Rs 151 and Rs 157 with a stop loss at Rs 146.5.
HPCL
Rajesh Palviya of Axis Securities suggests going long on Hindustan Petroleum Corporation Ltd (HPCL) shares for targets of Rs 370 and Rs 380 with a stop loss at Rs 335.
DRREDDY
Sandeep Wagle of Sandeep Wagle Advisory Services suggests going long on Dr Reddy's Labs shares for the December series. He has placed his targets of Rs 5,980 and 6,000 and suggests placing a stop loss at Rs 5,680.
M&M
Siddharth Sedani of Anand Rathi Shares & Stock Brokers recommends buying Mahindra & Mahindra (M&M) shares for targets of Rs 1,730 and Rs 1,770.
Muthoot Finance futures
Sacchitanand Uttekar of Tradebulls Securities recommends buying Muthoot Finance futures for December series targets of Rs 1,730 and Rs 1,405.