Next week these 5 stocks will be watched, investors can earn big money

According to Anuj Gupta, Vice President, IIFL Research, the target price of Hindalco could be Rs 410, Bharti Airtel Rs 830, Tata Steel Rs 104, PowerGrid Rs 225 and SBIN Rs 540.

Hindalco, Tata Steel, Airtel shares to be watched next week

Will keep an eye on certain stocks next week. In these shares Hindalco, Bharti Airtel, Tata Steel, POWERGRID and SBIN. There has been a lot of volatility in the stock market since last one week. Accordingly, the next week can also prove to be a difficult period. just recently repo rate After which there is a turmoil in the market. Analysts said that the market will continue to watch the movement of rupee against the dollar and the price of crude oil. Due to the festival of Dussehra in this week, the business day will also be less.

In the midst of all these ups and downs, the names of the stocks that can make investors good are Hindalco, Bharti Airtel, Tata Steel, PowerGrid and SBIN. According to Anuj Gupta, market analyst and Vice President of IIFL Research, Hindalco’s target price could be Rs 410, Bharti Airtel Rs 830, Tata Steel Rs 104, Powergrid Rs 225 and SBIN Rs 540.

On the other hand, Santosh Meena, Head of Research, Swastika Investment Limited told ‘PTI-Bhasha’, ‘The bullish traders will need some support from the global markets to continue last Friday’s rally even further. The fear of war in many countries, the announcement of some economic data of the US economy, the direction of the dollar index and bond returns will be watched.

what was the situation last week

There was a significant fall in the stock markets last week. On a weekly basis, the Sensex fell 672 points, or 1.15 per cent, while the Sensex was down 233 points or 1.34 per cent. The market will also keep an eye on some important economic data. The Purchase Managers’ Index (PMI) data for the manufacturing sector is also likely to be released on Monday. At the same time, the data related to the service sector will be released on Thursday.

Ajit Mishra, Vice President – Research, Religare Broking Ltd. said, “A new month is beginning from this week in which key figures like vehicle sales, manufacturing PMI and service PMI will be focused. Apart from this, traders will also keep an eye on the trend of foreign institutional investors and the movement of currency and crude oil.

Amol Athawale, Co-Vice-President (Technical Research), Kotak Securities Ltd. said that going ahead, global factors will continue to influence the domestic market sentiment and any negative news will likely lead to further downside in the market.(Input/Language) )

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