Mumbai: IIFL Securities on Tuesday recommended stock market enthusiasts Oberoi Realty, Godawari Power and Ispat Limited (GPIL), HDFC Life, BPCL and Cummins India Ltd. The benchmark indices BSE Sensex and NSE Nifty closed lower on October 21, 2024.
The barometer Sensex dropped by 73.48 points to settle at 81,151.27. Intraday the index, went up 545 points at the opening but later erased all the gains. The broader Nifty went down 72.95 points to 24,781.10.
Oberoi Realty share price target
Buy: Rs 1996
Target Price: Rs 2056-2100
Stop Loss: Rs 1936
IIFL Securities initiated a Buy rating on Oberoi Realty at Rs 1996 per equity share with a target price of Rs 2056-2100. The Stop Loss should be maintained at Rs 1936. Oberoi Realty shares closed with nearly 3 percent gains at Rs 1,989.30 on October 21, 2024.
GPIL share price target
Buy: Rs 194
Target price: 205-211
Stop Loss: Rs 185
The brokerage advised stock market enthusiasts to purchase shares of Godawari Power and Ispat Limited as the counter is expected to rise to the levels of Rs 205-211. The counter should be safeguarded by maintaining the Stop Loss at Rs 185. GPIL share price closed with nearly 3 per cent profit at Rs 193.20 on 21st October.
HDFC Life share price target
Buy: Rs 746
Target price: Rs 775-798
Stop Loss: Rs 717
IIFL Securities backed HDFC Life and advised the interested investors to pump in money to get the insurance stock into their portfolio. The brokerage suggested target price of Rs 775-798 and the Stop Loss be set at Rs 717. HDFC Life shares closed lower at Rs 745.80.
BPCL share price target
Sell: Rs 331
Target price: Rs 319-310
Stop Loss: Rs 343
The brokerage downgraded BPCL shares and advised the shareholders to offload their holdings at Rs 331 per equity share. The target price should be set at Rs 319-310 while the Stop Loss should be positioned at Rs 343.
Cummins India share price target
Sell: Rs 3583
Target price: Rs 3474-3400
Stop Loss: Rs 3690
Sell Cummins India shares at Rs 3583 per equity share, IIFL Securities suggested. The target price should be set at Rs 3474-3400 and the Stop Loss positioned at Rs 3690.
(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 recommended stock market enthusiasts to buy shares of Oberoi Realty, Godawari Power and Ispat Limited (GPIL), and HDFC Life. The brokerage suggested selling shares of BPCL and Cummins India Ltd. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
