look news india
Stocks to buy : This week has been very busy for the stock market. After a massive sell-off on the counting day of the Lok Sabha elections on June 4, the market has been bullish for the last two trading sessions. Nifty closed at 22821.40 points. Modi 3.0 government is expected to be formed over the weekend. The market will keep an eye on how the cabinet is divided in the NDA alliance. At present, investors need to focus on quality. Keeping all things in mind, Axis Direct has advised buying 3 stocks for the next 15-30 days.
Indian Hotels Share Price Target
The brokerage has recommended buying Indian Hotels shares for the next 30 days. There has been a good uptrend for two days. The stock closed at Rs 584.65 and it is recommended to buy it in this range. A target of Rs 638 has been given and a stop loss of Rs 550 has to be maintained. On April 4, the stock hit an all-time high of Rs 622. On June 4, the stock fell to Rs 506 intraday but closed at Rs 530.
United Spirits share price target for next 15 days
The brokerage has chosen the liquor manufacturing company United Spirits. This stock closed at Rs 1309. On June 4, even on the day of decline, this stock saw a rise. The target of the stock is Rs 1510 and the stoploss is Rs 1225.
The brokerage has a buy recommendation on Mrs Bectors for the next 15 days. The stock hit an all-time high of Rs 1546 intraday. A target of Rs 1810 and a stoploss of Rs 1300 has been given. This stock has been witnessing a good rally for the last two days. On June 4, the stock closed with a slight decline at Rs 1267. From there, it has climbed up by Rs 280 in two days.