On the last trading day Indian Stock Market was nearly flat, as US President Trump’s tariff keeps disturbing the market. Friday, the Nifty 50 grew only 7 points and settled at 24741. On the other hand, the Sensex declined 7 points and closed at 80710.76. At this stage, investors are looking for recommendations from experts. Let’s take a look at Mehul Kothari’s recommendation on stocks to buy on Monday.
Stocks to Buy Recommendation by Mehul Kothari
1. IDFC First Bank: The first stock on the recommendation list is IDFC First Bank. These shares can be purchased for an entry price of Rs 72 and sold for a target price of Rs 78. Do remember to have a stop loss at Rs 69.
2. IOB: Another good stock to watch on Monday is Indian Overseas Bank or IOB. It can be bought at an entry price of Rs 38.50 and sold for a target price of Rs 43 later. It is also recommended to have a stop loss at Rs 36.630
3. SeQuent Scientific: The last stock on the recommendation list by Mehul Kothari is SeQuent Scientific. Investors can purchase these shares for Rs 182 and sell for Rs 192 later. Also, it is recommended to have a stop loss at Rs 177.
Disclaimer: All the information shared in this article is for informational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend Buy or Sell, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
