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9 Stocks That Brokerages Had A Buy Call This Week
This week the Sensex and the Nifty closed at record highs, even as Foreign Portfolio Investors (FPIs) continued to buy into the markets. Nifty has given very good returns in the last 2-months and according to Prabhudas Lilladher, the returns are as much as 5%.
According to the brokerage the country continues to be in a sweet spot given 6.5% GDP forecast for FY24 (highest globally), pause in repo rates (6.5%), declining inflation (Food and Fuel), revival in industrial capex and strong Infra push by GOI.
Brokerages made several buy calls this week on stocks and some of them were very prominent names. Here are 9 such stocks where different set of brokerages recommended a buy:
| Stock | Current market price | Target price | Brokerage firm |
|---|---|---|---|
| Narayana Hrudayalaya | Rs 1036 | Rs 1100 | Prabhudas Lilladher |
| Crompton Greaves Consumer | Rs 293 | Rs 338 | Prabhudas Lilladher |
| Clean Science (technical) | Rs 1383 | 1550 | Prabhudas Lilladher |
| Sun Pharma | Rs 992 | Rs 1160 | Motilal Oswal |
| Atul (technical) | Rs 7061 | Rs 7800 | Anand Rathi |
| MapMyIndia | Rs 1185 | Rs 1420 | Anand Rathi |
| Apar | Rs 3131 | Rs 3,725 | Prabhudas Lilladher |
| Indian Hotels | Rs 403 | Rs 440 | Motilal Oswal |
| Oberoi Realty | Rs 1012 | Rs 1140 | Motilal Oswal |
Disclaimer
The article is informational only and is not an advisory to invest. Neither the author not Greynium Information Technologies would be responsible for any losses based on a decision from the article. Please note, we have merely highlighted the recommendations made by brokerages and have not done any analysis on the stocks mentioned above. It is prudent to consult a professional advisor.
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