Top stock picks for today: Kiran Jani said Hindalco saw multiple bullish pattern breakouts. "It is trading above all its important moving averages. One should go long at the current market price for a target price of Rs 480, keeping a stop loss placed at Rs 454", the market expert stated.
Top stock picks for today: Deven R Choksey on Monday told BT TV that if the economy has to move to $5 trillion mark in the next 3 to 5 years, banking and finance companies with a larger balance sheet would remain extremely effective preposition.
Top stock picks for today: Avinash Gorakshakar on Friday told BT TV that MGL posted strong numbers in the first quarter of the current financial year (Q1 FY24). The company's operating EBITDA almost doubled. "Buy at current levels for a target price of Rs 1,500 in the next 12-15 months," he suggested.
Top stock picks for today: In the PSU bank pack, Vinit Bolinjkar on Thursday told BT TV that State Bank of India (SBI) would be among the top in his list, given that the stock "looked extremely undervalued". He suggested to 'Buy the dip'. In the private lending space, Bolinjkar opted for HDFC Bank and mentioned that investors may consider adding these two select banking stocks to their portfolio.
Top stock picks for today: For ICICI Bank, Shah on Wednesday told BT TV that the lender's credit demand would get better with net non-performing asset (NPA) coming down. During the ongoing financial year 2023-24 (FY24), banking and finance sectors (including non-bank or shadow lenders) would continue to perform, he mentioned.