Mumbai: The Sensex remained completely flat on Tuesday, December 10, 2024. It rose 1.59 points (or 0.0019%) to close at 81,510.05. The other broad index Nifty 50 inched down 8.95 points (or 0.036%) to close at 24,610.05 points. According to Vinod Nair, the research head of Geojit Financial Services, the strategy of buying on dips was apparent on Tuesday (December 10, 2024). A significant event on December 11, will be Sanjay Malhotra taking charge as the governor of Reserve Bank of India (RBI). Another extremely important piece of economic data will be eagerly awaited this week – that of retail inflation for November 2024.
The stocks to buy on December 11, as recommended by IIFL Securities are as follows: Asahi India Glass Ltd (listed in NSE as ASAHIINDIA), Advanced Enzyme Technologies Ltd (ADVENZYMES), Olectra Greentech Ltd (OLECTRA), Minda Corporation Ltd (MINDACORP) and Goa Carbon Ltd (GOACARBON).
ASAHIINDIA: The CMP (current market price) of this stock is Rs 791.20. IIFL Securities has generated a Buy signal at Rs 792 with a stop loss at Rs 760. It has set 2 targets – Rs 824 and Rs 840.
ADVENZYMES: The CMP for this stock is Rs 397.30. IIFL Securities has given a Buy signal at Rs 398 and has also mentioned a stop loss at Rs 386. The 2 target prices given are Rs 410 and Rs 415.
OLECTRA: The CMP (current market price) of Olectra is Rs 1,651.30. IIFL Securities has generated Buy signal at Rs 1,652 with a stop loss at Rs 1,594. The two target prices mentioned in their report are Rs 1,710 and Rs 1,740.
MINDACORP: The market price of Mindacorp is Rs 542.05. The Buy signal given by IIFL Securities is Rs 542 with a stop loss at Rs 520. The couple of target prices are Rs 564 and Rs 575.
GOACARBON: The last stock on this list by IIFL Securities has a market price of Rs 740.35. The Buy signal is at Rs 741 while the stop loss is at Rs 718. The two target prices are Rs 765 and Rs 780.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and/or mutual funds.)
Stocks to buy today: After broad indices Sensex 30 and Nifty 50 closed flat on Tuesday, December 10, the stocks to buy as signalled by IIFL Securities are AsahiIndia, Advenzymes, Olectra, Mindacorp, Goa Carbon. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
