Stocks To Buy: On Friday (May 9), domestic equity benchmarks ended sharply lower, tracking mounting geopolitical tensions between India and Pakistan. The BSE Sensex tanked 880 points, or 0.99 per cent, to settle at 79,454, while the NSE Nifty50 plunged 266 points to close at 24,008, slipping for the second consecutive session. Amid this, brokerage Axis Direct has recommended three stocks that could generate profits in the next 5 to 15 days. Check out targets, other details –
Stocks to Buy: Axis Direct’s Pick
The three stocks recommended by the brokerage are Bharat Electron, SRF, and Astra Microwave.
Bharat Electron EQ Share Price Target (5-15 Days)
The first stock picked by Axis Direct is Bharat Electronics Limited. This stock is currently trading at Rs 315.85. The brokerage has given a target price of Rs 335 with a stop loss of Rs 308. The recommended entry price is Rs 315.Â
Target Price: Rs 335
Stop Loss: Rs 308
SRF EQ Share Price Target (0-15 Days)
The second stock picked by Axis Direct is SRF Ltd. This stock is currently trading at Rs 3004.3. The brokerage has given a target price of Rs 3,100 with a stop loss of Rs 2,955. The recommended entry price is Rs 3,014.Â
Target Price: Rs 3,100
Stop Loss: Rs 2,955
Astra Microwave EQ Share Price Target (0-15 Days)
The third stock picked by Axis Direct is Astra Microwave Products Ltd. This stock is currently trading at Rs 882.05. The brokerage has given a target price of Rs 950 with a stop loss of Rs 815. The recommended entry price is Rs 862.Â
Target Price: Rs 950
Stop Loss: Rs 815
Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.
