Tue, Feb 27, 2024 4:58 PM
Hindustan Zinc incorporates new unit to develop strategic
A Flip by Shubhangi Gupta
Buy or sell stocks: Vaishali Parekh has recommended three stocks for today — 📌Indian Hotels Co. Ltd. (INDHOTEL): Buy at ₹741; Target at ₹750; Stop Loss at ₹725. 📌Biocon Ltd. (BIOCON): Buy at ₹335; Target at ₹360; Stop Loss at ₹320. 📌DLF Ltd. (DLF): Buy at ₹762; Target at ₹785; Stop Loss at ₹740.
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📌Morgan Stanley raises Zomato's target price to ₹355, citing optimism in its quick commerce segment. 📌Hero MotoCorp reports a 6% year-on-year increase in consolidated profit after tax. 📌Godrej Properties refutes allegations of fraud and money laundering. 📌Reliance Industries completes its merger with Viacom 18 Media Private Limited and The Walt Disney Company.
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Indian stock market sentiment remains weak, with the Nifty 50 index breaking below 23,700 and potentially testing 23,250-23,200 levels, advises Sumeet Bagadia, Executive Director at Choice Broking, who recommends a stock-specific approach and identifies five breakout stocks to buy: 📌Zomato, 📌Hikal, 📌Jio Financial Services, 📌KEC International, and 📌Fortis Healthcare.
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