On 22nd, August, Benchmark BSE Sensex rose by 147 points to settle above 81,000 level while Nifty closed above 24,800 following buying in commodity, telecom and consumer stocks amid a firm trend in global markets.
Rising for the third straight day, the 30-share BSE Sensex rose by 147.89 points or 0.18 per cent to close at 81,053.19, registering gains for the third day in a row. During the day, it climbed 331.15 points to hit an intra-day high of 81,236.45.
Buy Go Digit General Insurance shares in the cash segment for a target of Rs 370 with a stop loss at Rs 352
Buy UPL Ltd futures for a target of Rs 590 with a stop loss at Rs 570
Buy the Rs 2,760 call option of Grasim Industries at Rs 37 for a target of Rs 52 with a stop loss at Rs 28
Technical pick: Buy Muthoot Finance futures for a target of Rs 1,970 with a stop loss at Rs 1,900
Fundamental pick: Buy TVS Motor shares for a target of Rs 3,100 with a perspective of one year
Investment idea: Buy HDFC AMC shares for a one-year target of Rs 5,200
News-based pick: Buy SBI Card futures for a target of Rs 735 with a stop loss at Rs 708
Buy RailTel shares in the cash segment for a target of Rs 483 with a stop loss at Rs 465
Buy Hindalco Industries futures for a target of Rs 697 with a stop loss at Rs 680
Buy the 11,300 call option of UltraTech Cement for a target of Rs 186 with a stop loss at Rs 123
Technical pick: Buy Federal-Mogul Goetze shares for a target of Rs 490 with a stop loss at Rs 455
Fundamental pick: Buy Tata Consumer Products shares for a six-month target of Rs 1,445.
Investment idea: Buy United Spirits Ltd (USL) shares for a target of Rs 1,815 from a perspective of 12 months
News-based pick: Buy Power Mech shares for a target of Rs 6,450 with a stop loss at Rs 6,353
(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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