
SBI:
Rahul Mohindar, viratechindia.com is of the view that one should sell SBI. The stock may slip to Rs 1970.
Mohindar told CNBC-TV18, "Bank Nifty continues to look weak so I would think another two-three percent could get shaved off fairly easily. I think that would be led by something like State Bank of India . So even at these levels, around Rs 2,070 mark, you could consider going short on SBI."
Maruti Suzuki:
PN Vijay, portfolio manager, askpnvijay.com advises to buy Maruti Suzuki at current levels.
Vijay told CNBC-TV18, "Maruti Suzuki is a strong buy at these levels. In fact it stands out as perhaps the best auto stock. The reasons are two-fold, the one is the Bank of Japan (BoJ) is doing a calculated depreciation of the Yen, for the last one month and it just announced another fresh bout of weakening the Yen to make Japanese exports more competitive.
Dr Reddys Labs:
Manoj Murlidharan, IIFL advises to buy Dr Reddys Labs around Rs 1900 with a stop loss of Rs 1884.
Murlidharan told CNBC-TV18, "The important part in pharma is that every sector has a market-wide open interest percentage and based on that we see the money flowing in. Because we are positive on Nifty, we are expecting that autos and pharma would be the sector where we will see this fresh money or the surplus of money which comes in."
L&T:
Rahul Mohindar, viratechindia.com advises to sell L&T around Rs 1360-1370 with a stop loss of Rs 1395.
Mohindar told CNBC-TV18, "One call would be to look at selling something like Larsen and Toubro (L&T). The market continues to look weak. The sectors are still looking weak. One could look at selling into L&T in the short-term. Price target on that would be around Rs 1,300 which you could expect in this series. Rs 1,395 would be my stop loss on this trade ideally is sell between Rs 1,360-1,370."
GoodReturns.in
DISCLAIMER: GoodReturns provides you with information covering shares, futures and options based on broker's reports as stated on various media. Investors are, however, warned that they should NOT take any buy or sell decision based on these views expressed in the article. Investors should consult their own financial and share advisors before taking purchase or sale decisions. GoodReturns does not take any responsibility for any losses incurred by investors who take their cues from the above article.
More From GoodReturns

Gold Rates In India Today Crash Again On Inflation Fear; Gold Falls Rs36,500 In 3 Days; 24K, 22K, 18K Gold

Gold & Silver Rates Today Live: MCX Gold Crashes By Rs 5,645, Silver Falls By Rs 16,540; 24K, 22K, 18K Gold

1:5 Split Soon? Vedanta Ltd To Consider 3rd Interim Dividend On March 23, Share Jumps; Record Date & Buy Call

Gold Rates & Silver Rates Today Live: MCX Gold & Silver Price Gives Up Some Early Gains; 24K, 22K, 18K Gold

Gold Rates Crash by Rs. 33500/100g in 3 Days: Bangalore, Chennai, Hyderabad Record Sharp Fall on March 14

Bengaluru Power Cut Today: Key Areas To Face 7-Hour Power Outage for BESCOM Maintenance On March 15| Full List

Gold Rates In India Crash Continues Today, 24K, 22K, 18K Gold Prices On Mar-16; Gold Rate Falls By Rs 41,400

Emirates, Etihad, Air India Express Cancel Dubai, Abu Dhabi, Dammam Flights on 16-17 March; Check Status Today

DigiLocker PVR Storage: How Indian Citizens Can Digitally Save Passport Verification Records?

Massive Crash in Gold Rate in India! 24K Plunges Nearly Rs 59,000 in Four Sessions; Will Slide Continue Today?

New Income Tax Rules 2026: 8 Big Tax Changes Going Into Effect From 1 April



Click it and Unblock the Notifications