The NSE Nifty 50 and BSE Sensex were trading in the green on Tuesday. As of 1 p.m., Nifty and Sensex were trading 1.19% and 1.16% higher, respectively.
All stocks of Adani Group companies advanced in Tuesday’s early trade ahead of the annual general meeting. Adani Ports And Special Economic Zone Ltd., and Adani Green Energy Ltd. led the gains.
Swati Hotkar, Associate Vice President of Technical Research at Nirmal Bang, recommends buying these stocks on Tuesday.
Grasim
Swati recommends buying Grasim Industries Ltd. with a target price of Rs 2,820 apiece and a stop loss at Rs 2,680 apiece.
Out of nine analysts tracking the stock, seven recommend buying it while one suggests holding it and one has a ‘sell’ call.
Havells
Havells India Ltd. got a ‘buy’ rating from Hotkar, with a target price of Rs 1,630 apiece and Rs 1,530 apiece as the stop loss.
Out of the 44 analysts tracking the stock, 27 suggest buying it, 10 maintain a ‘hold’ rating while seven suggest selling the stock.
DMart
Avenue Supermarts Ltd. or D Mart is also among Swati’s top stock picks to buy. She suggests buying shares with a target price of Rs 4,500 apiece and a stop loss at Rs 4,266 apiece.
Nine out of 31 analysts tracking the company have a buy call, while nine suggest holding it, and 13 recommend selling the stock.
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