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Indian markets started the week with a decline following global market weakness after U.S. President Joe Biden opted out of the presidential race. Indian markets are also facing selling pressure ahead of the Union Budget announcement by the government.
The Nifty 50 index declined by 100 points to 24,430, while the BSE Sensex lost 250 points to 80,391 during early trade on Monday. In the broader market on NSE, the volatility index surged more than 3 percent, and all the indices, including Nifty Next 50, Nifty 100, Nifty Midcap, and Nifty Smallcap, faced selling pressure, trading in red during early trade.
Let us take a look at 5 important stocks which you can consider buying prior to the Budget 2024 presentation.
Sharekhan gave a BUY rating on Infosys with the target price per share is Rs 2,050 for a period of more than 12 months.
Sharekhan gave a BUY rating on L&T Finance with the target per share is Rs 220.
Sharekhan has given a BUY rating on Maruti with the target per share is Rs 14,434.
Sharekhan has given a BUY rating on Dabur India with the target per share is Rs 715.
Sharekhan has given a BUY rating on NTPC with the target price per share is Rs 425.
(Disclaimer: The brokerage house has advised on investing in stocks here.The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)
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