Markets are expected to be volatile ahead of the earnings season. Here are 3 stocks that brokerages are recommending.

Bank of India

Firstcall Research has a buy call on Bank of India.

"Earning per share (EPS) of the company for the earnings for FY14E and FY15E is seen at Rs. 50.36 and Rs.55.19 respectively.

Price to Book Value of the stock is expected to be at 0.37 x and 0.33 x for FY14E and FY15E respectively. We recommend ‘BUY' in this particular scrip with a target price of Rs. 183.00 for medium to long term investment," the firm has stated in its research report.

Wipro

Prabhudas Lilladher has a buy call on Wipro with a price target of Rs 600 in its latest research report.

"Wipro made changes in the role of some in its top management like Mr. Shaji Farooq, Mr Soumitro Ghosh, Mr GK Prasanna and Mr. Jeffery Jalil. All these members would now report to Mr. TK Kurien (CEO). These changes would be effective from January 1, 2014. We believe that the resignation of Wipro veteran, Mr. Anand Sankaran, is the last leg of restructuring. New roles assigned to the members would unleash their strength in respective profiles. We continue to maintain "BUY" rating," a Prabhudas Lilladher research report reads.

Britannia Industries

Broking firm Nirmal Bang has put a buy rating on Brittania Industries.

"At CMP of Rs. 824, stock is trading at 23.3x and 18.6x PE for FY14E and FY15E respectively. Britannia trades at 15-25 percent discount to listed peers ITC, Nestle, Marico & GSK Consumer, largely due to low operating margin. However, due to ongoing structural changes in company's revenue and product mix, the operating margin will improve and this discount could narrow down gradually. Britannia enjoys strong operating cash flows, consistent dividend payouts and healthy return ratios. We recommend BUY with TP of Rs. 1061 (FY15E PE 24x)," Nirmal Bang has said in its research report.

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