Mumbai: IIFL Securities on Tuesday (November 5, 2024) has recommended buying shares of Bikaji, Max Health and Deepak Fertilsers and given a Sell call on on Exide Industries and IRCTC. The brokerage has also suggested share price targets and stop loss for these stocks.
Both the market indices Sensex 30 and Nifty 50 ended in the red on November 4, 2024. While the BSE Sensex 30 declined 1.18% to end the day at 78,782 points, Nifty 50 went down by 1.25% to close the day at 23,995. A day before the US presidential elections, the US markets were in the red — Dow Jones was down 0.61%, Nasdaq was 0.31% and S&P 500 declined 0.28%. Among the major European indices, only Britain’s FTSE ended in the green (0.09%), while German DAX was down 0.56% and France’s CAC was down 0.50%.
Bikaji share price:
IIFL Securities has recommended Buy for Bikaji stocks. It has furnished target prices of Rs 912 and Rs 940 while maintaining a stop loss at Rs 838. The price of the scrip at close of trade on November 4 was Rs 875.05.
Buy: Rs 875
Target Price 1: Rs 912
Target Price 2: Rs 940
Stop Loss: Rs 838
Max Health share price
The brokerage firm has given a Buy rating at Rs 1,037. It has given target prices of Rs 1,079 and Rs 1,105, while the stop loss should be maintained at Rs 995, IIFL Securities said. The market price of the scrip at close of trade on November 4 was Rs 1,036.60.
Buy: Rs 1,037
Target Price 1: Rs 1,079
Target Price 2: Rs 1,105
Stop Loss: Rs 995
Deepak Fertilisers share price target
IIFL Securities has given a Buy call for this scrip at Rs 1,278. The target prices were signalled at Rs 1,330 and Rs 1,365, while investors should take care to employ a stop loss at Rs 1,227. The scrip ended trading on November 4 at Rs 1,277.60.
Buy: Rs 1,278
Target Price 1: Rs 1,330
Target Price 2: 1,365
Stoploss: Rs 1,227
Sell Exide Industries shares
The brokerage has generated a Sell call for this scrip at Rs 447. The target prices are 434 and Rs 425, while the stop loss must be maintained at Rs 460. The stock closed at Rs 445.05 on November 4, 2024.
Sell: Rs 447
Target Price 1: Rs 434
Target Price 2: Rs 425
Stop Loss: Rs 460
Sell Call on IRCTC share
The brokerage firm has signalled Sell on this scrip at Rs 817. The target prices are 794 and 778 while the IIF Securities has recommended stop loss at Rs 840. The scrip closed at Rs 816.20 on November 4, 2024.
Sell: Rs 817
Target Price 1: Rs 794
Target Price 2: 778
Stop Loss: Rs 840
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Stocks to Buy and Sell today: IIFL Securities on Tuesday (November 5, 2024) recommended buying shares of Bikaji, Max Health and Deepak Fertilisers and Sell call on Exide Industries and IRCTC. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
