Stock Watch

Stock market analysts have maintained 'buy' rating on Globus Spirits Ltd with an intraday target of Rs 84.50.

According to them, interested traders can purchase the stock above Rs 83 with a strict stop loss of Rs 81.

If the bourses remain on the positive track, then the stock price will hit a target above Rs 86.

Stock market analysts are of the view that investors can buy Zee Entertainment Enterprises Ltd stock to achieve an intraday target between Rs 253-258.

According to them, investors can purchase the stock above Rs 251 with a strict stop loss of Rs 248.

Stock market analyst Ashwani Gujral has maintained 'Buy' rating on Rolta India to achieve a short term target of Rs 200.

According to Mr. Gujral, interested traders can buy the stock with a strict stop loss of Rs 156.

Today, the shares of the company opened at Rs 168.50 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 25.11 and 6.80 respectively. The share price has seen a 52- week high of Rs 206.25 and a low of Rs 40.70 on BSE.

Nirmal Bang, one of the leading equity research-cum-broking house, has recommended a buy on Reliance Industries Ltd with a target of Rs 965 in the short term.

The report further stated that, if the counter is successful to breach Rs 970 levels, then it will create a huge breakout.

The stock has strong support at Rs 897.

In its latest research report, Nirmal Bang, an equity research firm said that Core Projects & Technologies, which has been consolidating between Rs 178-190 level, can give good returns in the short term.

The report further stated that, if the counter is successful to breach Rs 208 levels, then it will hit a target of Rs 235.

The stock has strong support at Rs 173.

In its latest research report, Nirmal Bang, an equity research firm said that Motilal Oswal Financial Services can give good returns in the short term.

According to Nirmal Bang Research, interested traders can buy the stock with a strict stop loss of Rs 161.

The report also stated that, if the counter is successful to breach 195, then it will hit a target of Rs 220.

In its latest research report, Nirmal Bang, an equity research firm said that Rashtriya Chemicals & Fertilizers can give good returns in the coming days.

According to Nirmal Bang Research, interested traders can buy the stock with a strict stop loss of Rs 65.

The report also stated that, if the counter is successful to breach 72, then it will hit a target of Rs 86.

Nirmal Bang, one of the leading equity research-cum-broking house, has recommended a buy on Glenmark Pharmaceutical Ltd with a target of Rs 275 in the short term.

According to Nirmal Bang, “Buy and hold with a long time horizon, stock has consolidated for quite some time in the region of 206-228 and today with huge volumes has shown strong sign of breaking this trading band, support exits at 214 which is 200-day moving average, unless the counter breaks below this point there is no sign of weakness and if trades above 240 then look for 275.”

In its latest research report, Nirmal Bang, an equity research firm said that Cairn India, which has been consolidating between Rs 255-265 level, can give good returns in the short term.

The report further stated that, if the counter is successful to breach Rs 264 levels, then it will hit a target of Rs 305.

Nirmal Bang has also advised traders to hold Cairn India’s stock as it is showing positive signs, which give an indication of a strong breakout.

The stock has strong support at Rs 256.

Indian Stock markets opened positive on Thursday as global cues were positive. At 1.05 pm, BSE Sensex was up by 260 points at 15,070. NSE Nifty was up by 75 points at 4469.

During an interview with Business News channel CNBC-TV18, Clive McDonnell, Head Equiy Strategy at BNP Paribas said that their research house believes in higher ratings for India expecting decent growth in Banking, Consumer Goods and Capital Goods sectors.