Market expert Ruchit Jain from Angel Broking has suggested two BUY Calls for short term traders. Indian markets have been trading strong today and NSE Nifty has been hovering around 14,500 levels.
Angel Broking has suggested BUY Calls for Axis Bank and infrastructure major Larsen & Toubro. For private sector banking major Axis Bank, Angel Broking has given a price target of Rs 500.
SBI Life Insurance is strong company expected to report a strong quarter. The insurance major has strong market position, branding and network across the country.
Satyam Computer Services is a good buy at current levels. The stock has lost over Rs 60 today and is currently trading at Rs 166. Investors can pick the stock at current levels as the fundamentals are strong. Citi rated the stock sell on basis of Corporate Governence issues and not on lower business. The company’s plan to get into other sectors has been condemned by various Institutional Investors.