KOLKATA: The Sensex declined 964.16 points (or 1.20%) at the time of close of trade on Thursday, December 19 to close at 79,218.05. Nifty 50 dropped 247.15 points (or 1.02%) to close at 23,951.70, Incidentally, over the past 5 days the Sensex dropped 1,516.90 points or 1.88%, while Nifty fell 466.85 or 1.91% in the same time period.
Among the shares recommended for ‘Buy’ by IIFL Securities today are Natco Pharma, Persistent Systems, Sunflag Iron and Steel, Equitas Small Finance Bank and Chalet Hotels. For the convenience of investors, IIFL Securities has mentioned 2 target prices and stop loss levels too.
The recommendations of IIFL Securities for which it has issued a ‘Buy’ signal are the following:
Equitas Small Finance Bank Ltd (EQUITASBNK): The current market price of the share is Rs 65.13. IIFL has signalled a buy at Rs 65. The first target is at Rs 68.50 and the next target is at Rs 71. The stoploss is at Rs 61.80.
Natco Pharma Ltd (NATCOPHARM): The current market price of the share is Rs 1,476.80. IIFL has signalled a buy at Rs 1,477. The first target is at Rs 1522 and the next target is at Rs 1550. The stoploss is at Rs 1,432.
Chalet Hotels Ltd (CHALET): The current market price of the share is Rs 1,007.55. IIFL has signalled a buy at Rs 1,008. The first target is at Rs 1,050 and the next target is at Rs 1,075. The stoploss is at Rs 968.
Persistent Systems Ltd (PERSISTENT): The current market price of the share is Rs 6,674.20. IIFL Securities has signalled a buy at Rs 6,675. The first target is at Rs 6,842 and the next target is at Rs 6,960, The stoploss is at Rs 6,508.
Sunflag Iron and Steel Co Ltd (SUNFLAG): The current market price of the share is Rs 284.88. IIFL Securities has signalled a buy at Rs 285. The first target is at Rs 297 and the next target is at Rs 305, The stoploss is at Rs 273.
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Among the shares recommended for ‘Buy’ by IIFL Securities today (December 20, 2024) are Natco Pharma, Persistent Systems, Sunflag Iron and Steel, Equitas Small Finance Bank and Chalet Hotels. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
