look news india
The repo rate was left unchanged at 6.5 percent in the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) held on Wednesday, September 9. There has been no change in the repo rate in the tenth consecutive meeting of the Monetary Committee. The repo rate was kept unchanged by a 5:1 vote. But after the Sarva Committee, the policy stance has been changed to neutral. Now the possibility of interest rate cut in the meeting to be held in December has increased. In such a situation, 11 stocks have been selected by market experts, which can give attractive returns. Which is as follows.
1. Stock: Hero MotoCorp, CMP: Rs.5,462.15, Rating: Buy, Target: Rs.5,800, Stop-Loss: Rs.5,350, Brokerage Firm: Anand Rathi
2. Stock: IndusInd Bank, CMP: Rs.1,361.80, Rating: Buy, Target: Rs.1,435, Stop-Loss: Rs.1,299, Brokerage Firm: Anand Rathi
3. Stock: HDFC Asset Management Company, CMP: Rs.4,412.00 Rating: Buy, Target: Rs.4,500, Stop-Loss: Rs.4,050, Brokerage Firm: Anand Rathi
4. Stock: IIFL Securities, CMP: 405.00, Rating: Buy, Target: Rs 428, Stop-Loss: Rs 335, Brokerage Firm: GEPL Capital
6. Stock: Bank of Baroda, CMP: Rs.245.30, Rating: Buy, Target: Rs.287, Stop-Loss: Rs.230, Brokerage Firm: GEPL Capital
8. Stock: Havells India, CMP: Rs.1,938.90, Rating: Buy, Target: Rs.2,100, Stop-Loss: Rs.1,860, Brokerage Firm: Asit C Mehta Investment Intermediates
9. Stock: Mahindra & Mahindra, CMP: Rs 3,191.60, Rating: Buy, Target: Rs 3,500, Stop-loss: Rs 2,985, Brokerage Firm: Motilal Oswal Fina.Services