Stocks to buy: Tata Power, Mphasis, Biocon among analysts top picks today
Stocks to buy today (August 8), Pick of the Day: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Rakesh Bansal, Kunal Saraogi, Avinash Gorakshakar, Sumeet Bagadia and Sandeep Wagle share their top recommendations for the day in this special segment, Pick of the Day.
On the top analysts' 'buy' list are stocks such as Tata Power, Biocon, Mphasis, ITD Cementation, Kilburn Engineering, IndusInd Bank and Adani Ports.
(Disclaimer: The views/suggestions/advices 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.)
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Tata Power
Tata Power share price target Himanshu Gupta of Globe Capital Markets recommends buying Tata Power shares for targets of Rs 242 and Rs 245 with a stop loss at Rs 228.
Biocon
Biocon share price target Rakesh Bansal of Rakesh Bansal Ventures recommends buying Chennai Petro shares for a target of Rs 277 with a stop loss at Rs 250.
Mphasis
Mphasis share price target Kunal Saraogi of Equityrush recommends buying Mphasis shares for targets of Rs 2,400 and Rs 2,450 with a stop loss at Rs 2,300.
ITD Cementation
ITD Cementation share price target Avinash Gorakshakar of Profitmart Securities recommends buying ITD Cementation shares for targets of Rs 225 and Rs 230. He also recommends Kilburn Eng shares for targets of Rs 230 and 235.
IndusInd Bank
IndusInd Bank share price target Sumeet Bagadia of Choice Broking recommends buying IndusInd shares for targets of Rs 1,450 and Rs 1,490 with a stop loss at Rs 1,385.
Adani Ports
Adani Ports share price target Sandeep Wagle of Sandeep Wagle Advisory recommends buying Adani Ports shares only if the counter crosses Rs 800 levels for targets of Rs 820 and Rs 825 with a stop loss at Rs 790.