Last Friday, the Indian Stock Market had a rough ending as both the Nifty 50 and the Sensex lost points. The Nifty 50 was down by 96 points and settled at 25327. On the other hand, the Sensex lost 387.73 points and closed at 82626.23. At this point, many traders and investors are looking for suggestions on which stock to buy from industry experts. Let’s take a look at Sumeet Bagadia’s recommendation for Monday.
Stocks to Buy Recommendation By Sumeet Bagadia for Monday
1. Hero Fincorp: The first stock recommendation for Monday is Hero Fincorp. You can purchase these shares for an entry price of Rs 5408. Then target to sell them for Rs 5900. Make sure to have a stop loss at Rs 5165.
2. Sriram Finance: Another good stock on the recommendation list is Shriram Finance. Investors can get these shares for Rs 633.20 and later target to sell for Rs 700. It is also suggested to have a stop loss at Rs 600.
3. State Bank of India: The last stock on the recommendation list by Sumeet Bagadia for Monday is the State Bank of India, or SBI. You can purchase these shares for an entry price of Rs 862.35 and target to sell them for Rs 950. Also, do remember to have a stop loss at Rs 820.
Disclaimer: All the information mentioned above is from individual analysts or broking companies. Indiahood does not give any advice. Make sure to consult with certified experts before taking any investment-related decisions. This article is for educational purposes only.
