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10 Stocks To Buy Next Week, Where Brokerages Had A “Buy” Call
It was not a good week for the markets, with the Sensex and the Nifty ending with losses and perhaps looking at further losses. Worries over Covid restrictions worsened sentiments today. Here are 10 stocks where brokerages had a buy call.
List of 10 stocks where brokerages had a “buy” call
| Name | Brokerage | Recommendation | Target Price |
|---|---|---|---|
| Kajaria Ceramics | ICICI Direct | "BUY" | 1340 |
| JSW Steel | ICICI Direct | "Hold" | 725 |
| Mahindra CIE | ICICI Direct | "BUY" | 410 |
| Narayana Hrudayalaya | Prabhudas Lilladher | "BUY" | 920 |
| Phoenix Mills | ICICI Securities | "BUY" | 1648 |
| Dixon | Sharekhan | "BUY" | 4960 |
| Bharti Airtel | Sharekhan | "BUY" | 1010 |
| Bosch | ICICI Securities | "BUY" | 17542 |
| Sansera | ICICI Securities | "BUY" | 910 |
| Indian Hotels | ICICI Securities | "Accumulate" | 366 |
Autos and metals suffer losses
According to Dr. Joseph Thomas, Head of Research, Emkay Wealth Management, equity market traded lower again mainly on account of the overarching influence of negative factors and news from overseas. Some of the recent macro numbers show the US economy still staying in relatively good health, but the news from China and Japan are not encouraging due to the larger number of covid cases reported from several countries , and the impact of the same on global growth and economic activity in the coming months.
"This factor may be on the mind of the markets, as to how severe the wave of infections would be and how it will be countered. Stocks across market caps and throughout all sectors traded lower with metals, auto and PSU banks suffering the worst fall. Since countries like India and those in Europe have a much better level of preparedness, the impact may not be too hard this time around, and activity could remain closer to normal," he stated.
Disclaimer
Greynium Information Technologies, the Author, and the respective Brokerage house are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to consult with certified experts before making any investment decision.
