The stock markets are expected to open with an upward gap. The Indian stock markets closed weak during the last week. The weekend was good for global markets. US markets closed higher.
Stock analyst Ashwani Gujral is of the view that investors can buy Wire and Wireless (India) for achieving a short term target of Rs 130.
Today (Dec 20), the stock opened at Rs 96.40 after making its closure at Rs 94.25 (on Dec 19). Presently (10:58 am), the stock is hovering around Rs 91.90, down 2.5%, and this is the best time to buy the stock.
The stock will surely achieve the said target within a period of 3-4 weeks. So the investors are suggested not to sell this stock before achieving this target.