48760Tata Punch Overtakes Maruti’s Wagon R

Here are 5 money making ideas from technical analysts that may deliver good gains in the near term.

  • Last Updated : May 7, 2024, 14:29 IST
Sensex Nifty Dalal Street

Where Axis Bank on Monday posted a 94% year-on-year growth in net profit at Rs 2,160 crore, Kotak Mahindra Bank reported 31.99% YoY growth in net profit at Rs 1,641.92 crore in Q1FY22.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could open flat on Friday. Earlier, equity benchmark BSE Sensex advanced 393 points on Thursday, tracking gains in Infosys, TCS and HDFC Bank amid a positive trend in global markets. The 30-share BSE index ended 0.75% higher at 52,699. Similarly, the broader NSE Nifty surged 103.50 points or 0.66% to 15,790.45.

Here are 5 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by: Sneha Seth of Angel Broking

Dabur | Buy | Stop loss: Rs 557.5 | Target price: Rs 588

Larsen & Toubro | Buy | Stop loss: Rs 1,472 | Target price: Rs 1,568

Recommendations by: Ashish Kyal, Waves Strategy Advisors

Banco Products | Buy | Stop loss: Rs 190 | Target price: Rs 210

Menon Bearings | Buy | Stop loss: Rs 69 | Target price: Rs 78

Tata Consultancy Services | Buy | Stop loss: Rs 3,280 | Target price: Rs 3,570

(Disclaimer: Stocks recommendations by experts or brokerages are their own and not those of the website or its management. Money9.com advises market participants to check with certified experts before taking any buy, sell or hold decisions.)

Published: May 7, 2024, 14:29 IST
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