Stocks to buy: Tata Motors, GAIL, Tata Power among analysts top picks
Stocks to buy: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Kunal Saraogi, Himanshu Gupta, Rakesh Bansal, Mehul Kothari and Sandeep Jain share their top stock recommendations in this special segment, Pick of the Week.
On the analysts' 'buy' list are stocks such as Tata Steel, Gail, Tata Power, Ceat, ICICI Bank and Mahindra Lifespace Developers.
(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult their investment advisers before making any financial decision.)
Tata Steel, GAIL
Kunal Saraogi of Equityrush recommends buying two stocks for the week: Tata Steel and GAIL. For Tata Steel, He has placed his targets at Rs 136 and 136.5 with a stop loss at Rs 129. For the PSU stock, he recommends buying for targets of Rs 141 and 145 with a stop loss at Rs 133.50.
Tata Power
Himanshu Gupta of Globe Capital Markets recommends buying Tata Power shares for a target of Rs 300 with a stop loss at Rs 270.
Ceat
Rakesh Bansal of Rakesh Bansal Ventures recommends buying Ceat shares for a target of Rs 2,500 with a stop loss at Rs 2,040.
ICICI Bank
Mehul Kothari of Anand Rathi Securities recommends buying ICICI Bank shares for targets of Rs 1,000 and Rs 1,040 with a stop loss at Rs 910.
Mahindra Lifespace, Automotive Axles
Sandeep Jain of Tradeswift Broking recommends buying Mahindra Lifespace Developers shares. He also recommends buying shares of Automotive Axles.