Are M&M, Medanta, Castrol good investment picks now? What analysts say
: Dalal Street benchmarks made a muted start to Tuesday's session amid selling pressure across sectors. Globally, global trade tariff-related jitters continued to keep investors on their toes. As market participants scout for fresh opportunities on Dalal Street, Zee Business analysts Kushal Gupta and Ashish Chaturvedi have studied more than a dozen stocks and shared their recommendations for trading and investing purposes. Read on to learn more about their recommendations.
Kushal Gupta suggests buying ASK Automotive shares in the spot market for a target price of Rs 350 with a stop loss at Rs 332. Ashish Chaturvedi suggests buying Redington shares for a target price of Rs 240 with a stop loss at Rs 230.
Gupta suggests buying Lupin futures for a target of Rs 2,000 with a stop loss at Rs 1,920. Chaturvedi suggests selling Balkrishna Industries futures for a target of Rs 2,527 with a stop loss at Rs 2,615.
Chaturvedi suggests buying the Rs 7,300 put option in Coforge for a target of Rs 50 with a stop loss at Rs 30. Gupta suggests buying the Rs 120 put option in Samvardhana Motherson at Rs 4.6 for a target of Rs 10 with a stop loss at Rs 2.
Gupta suggests selling IIFL Finance shares for a target of Rs 283 with a stop loss at Rs 302. Chaturvedi suggests buying Abbott India shares for a one-month target of Rs 33,365.
Chaturvedi suggests buying Castrol shares for a target price of Rs 236 with a perspective of 4-6 months. Gupta has a fundamental 'buy' call on Kotak Mahindra Bank shares with a one-year target price of Rs 2,300.
Chaturvedi suggest buying Medanta shares for a one-year target of Rs 1,420. Gupta suggests buying M&M shares for a one-year target of Rs 3,100.
Gupta suggests buying the Time Technoplast stock for a target of Rs 363 with a stop loss at Rs 345. Chaturvedi suggests selling Paytm shares for a target of Rs 700 with a stop loss at Rs 740.
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