8 Stocks Recommended By Top Brokerage Houses To Buy This Week

Here are a list of stocks where top brokerage houses have suggested a buy call this week. Among these include names like HCL Technologies, ICICI Prudential Life, Tata Communication and Reliance Industries.

8 stocks with a buy call

Stock name	Brokerage firm	Target price
HCL Technologies	Yes Securities	Rs 1213
ICICI Prudential Life	Yes Securities	Rs 675
Tata Communication	Yes Securities	Rs 1426
One 97 Communications	Motilal Oswal	Rs 865
HCL Technologies	Motilal Oswal	Rs 1250
ICICI Prudential Life	Motilal Oswal	Rs 550
Reliance Industries	Prabhudas Lilladher	Rs 2,834
Kansai Nerolac	Prabhudas Lilladher	RS 425 (TECHNICAL)

Markets movement to be based on corporate numbers

Nifty remained lackluster and moved in a narrow range to close flat at 17624 levels on Friday. Sectorially it was a mixed bag with FMCG and IT outperforming. While major selling was seen in Realty, Metals, and Auto. Markets on Monday will react to Reliance and ICICI Bank results outcome. Also, the IPO market will be back in action with Mankind Pharma hitting the street with an offer size of Rs 4326 crore. The issue will open on 25th April for investors with a price band of Rs1026 - 1080.

"Earnings season will pick up the pace next week with results from several large-caps, which would drive market sentiments. Several Heavyweights from IT, Banking, Auto, and FMCG sectors would announce their results. Management commentary will hold key importance to understand future growth,' says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Disclaimer

The above-mentioned information is purely informational and highlights the stocks recommended from the top brokerage houses in the country. Stock investments and mutual fund investments are subject to market risks. The article should be treated as informational and not an advisory to invest. Greynium Information Technologies, the Author and the brokerage firm are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before making any investment decision.