Sell HMT

Stock market analyst Rajat K Bose has suggested investors to sell HMT stock as there are full chances of a downward trend in this stock.

Mr. Bose said that if the stock fell below Rs 92, it may see more weakness. So the investors must sell the stock with a stop loss above Rs 108.90 for targets of Rs 96 and Rs 92.

The stock traded in a strong manner on Friday (25 Jan), and marked its closure at Rs 104.70 on BSE. The stock has seen a 52-week high of Rs 163.5 and a low of Rs 50 on BSE.