Stock analyst Ashwani Gujral is of the view that investors should buy Indian Bank stock around Rs 165 to achieve short term target of Rs 240.
The outlook appears positive, and presently (10:45 am), the stock is hovering near Rs 182. Keep a stop loss of Rs 156. Yesterday, the stock performed well, and closed positively on the BSE.
Mr. Gujral has suggested this stock after analyzing its brilliancy in the last few months. So don’t miss the chance and make huge profit form this stock.
Indian Bank plans to open four more micro-credit branches in Bhubaneswar, New Delhi, Pune, and Bangalore, reports Business Standard.
Technical analyst, Rajat K Bose has recommended that Bajaj Auto is looking strong for intraday trading today.
He also suggested that the interested investors can buy the stock with a stop loss below Rs 2460 for targets of Rs 2550 and Rs 2562
The CMP is Rs 2,580.00, up 1.8 percent.
Bajaj Auto announced an extension of its festive season offer of Rs 4,000 discount on 100 cc bike Platina till December, reports Economic Times.
The company slashed prices of Platina to Rs 30,000. The response for the offer has been good, as a result, the company extended this offer till the year end.
Indiabulls research has suggested to buy Omaxe to be sold tomorrow. The delivery call for the day has been given as the stock has performed well in an otherwise weak market.
Today, the Indian Stock markets could not find any support. The markets were down by nearly 10% and NSE Nifty touched a low of 5107. The markets were closed for one hour. As 51% of FII investment was through P-Notes, it was very obvious for the markets to witness a downfall.
After the crash markets witnessed today, the stock market analysts suggest small investors to stay away from markets for next few days. Finance Minister has issued a statement regarding the market crash and has said that aim of market regulator is to keep markets safe. Stock markets have seen very quick rise in recent two months and valuations seem to be over-stretched.