Markets have been moving in a tight range, though the start of the month saw some volatility on account of the Union Budget. Most market observers believe that the marlets are likely to trade flattish in the absence of any triggers. Individuals stocks are reacting to their results. Here are some stocks which you could consider.
Stocks recommended as a “buy” from top brokerage houses
| Stock | Recommendation | Current market price | Brokerage House |
|---|---|---|---|
| Century Plywoods | Buy | 506.10 | Edelweiss |
| SJS Enterprises | Buy | 431.95 | Edelweiss |
| Cummins | Buy | 1600.80 | HDFC Securities |
| Graves Cotton | Buy | 139.15 | ICICI Direct |
| NCC | Buy | 93.80 | ICICI Direct |
| INDO Count | Buy | 129 | ICICI Direct |
| V Mart | Buy | 2557.75 | HDFC Securities |
| Sobha | Buy | 577.85 | HDFC Securities |
| Page Industries | Buy | 493.20 | Emkay global |
Earnings season close to an end
According to Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd Domestic equities continued its lacklustre movement for sixth consecutive session due to absence of any fresh triggers and weakness globally. "Nifty opened lower and remained under pressure throughout the day to close with minor loss of 37 points at 17856 levels. Sectorially it was a mixed bag with realty being top gainer. Oil companies were in focus after Brent Crude surged to 2-week high and spiked ~10% during the week. PSU Banks witnessed some buying after MSCI announced inclusion of Bank of Baroda in MSCI Global Standard Index. Earning season is now near to end with majority companies already announced their results. While the aggregate Q3 earnings seems to be in-line, the performance delivery has been concentrated within few sectors," he said.
Disclaimer
The stock have been picked from various brokerage houses. 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.
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