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Stocks To Buy: The 30-share BSE Sensex dropped 398.13 points or 0.49 per cent to settle at 81,523.16.
The index opened higher and touched the day’s high of 82,134.95 points in the mid-session. However, selling pressure emerged in the pre-close session and the index tanked 498.15 points or 0.60 per cent to hit a low of 81,423.14.
The brokerage Axis Direct has recommended five stocks including Larsen & Toubro, Sun Pharma, Havells India, Olectra Greentec, and IndiGo to buy for the next 5-15 days.
The first stock picked by brokerage Axis Direct is Larsen & Toubro Limited. The recommended entry price ranges from Rs 3,570 to Rs 3,600.
Target Price: Rs 3,780
Stop Loss: Rs 3,540
The second stock picked by the brokerage is Sun Pharmaceutical Industries Ltd. The recommended entry price ranges from Rs 1,815 to Rs 1,837.
Booking Profit At: Rs 1,846
Stop Loss: Rs 1,800
The third stock picked by Axis Direct is Havells India Limited. The recommended entry price ranges from Rs 1,910 to Rs 1,929.
Booking Profit At: Rs 1,951
Stop Loss: Rs 1,895
Axis Direct also picked Olectra Greentech Limited. The recommended entry price ranges from Rs 1,595 to Rs 1,616.
Target Price: Rs 1,724
Stoploss: Rs 1,580
Axis Direct has given a BUY recommendation to InterGlobe Aviation. The recommended entry price ranges from Rs 4,855 to Rs 4,906.
Target Price: Rs 5,074
Stop Loss: Rs 4,850
(Disclaimer: 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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