Stocks to buy: Stocks like IPCA Laboratories, Mrs. Bectors Food Specialities, and ICICI Prudential Life Insurance are recommended buys with potential upside ranging from 9% to 17%.
ICICI PRU BLUECHIP: The biggest offering in its category, this large-cap fund emphasises on individual stock selection for outperformance rather than taking bold sector calls. It avoids the ‘growth at reasonable price segment and prefers a mix of ideas from two opposing themes. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
The Nifty is likely to consolidate in the range 22,300 – 21,700 in the absence of any near term triggers ahead of the quarterly results announcement which starts during April, says Jatin Gedia.
Sobha ended at new closing high after break out of downward sloping resistance trendline, and formed long bullish candlestick pattern on the daily timeframe with above average volumes.