According to analysts, a group of prominent stocks are recommended to be bought this Monday. These stocks include Britannia Industries Ltd., Bharti Airtel Ltd., ICICI Securities Ltd., Bajaj Finserv Ltd., and Prestige Estate Projects Ltd. among others. A panel of experts from various financial institutions, including HDFC Securities, IDBI Capital, Angel One, and Religare Broking, shared their insights with NDTV Profit.
The experts, led by Vinay Rajani, senior technical and derivative research analyst at HDFC Securities, suggested that these stocks have strong fundamentals and potential to outperform in the near term. Brijesh Ail, head of technical and derivatives of retail research at IDBI Capital, also weighed in on the importance of fundamental analysis in identifying undervalued stocks.
Aamar Deo Singh, SVP-research at Angel One, emphasized the significance of technical analysis in spotting trends and making informed investment decisions. Kunal Rambhia, founder of The Street, pointed out that the current market conditions are favorable for investors to buy into these stocks, with valuations looking attractive compared to their historical averages.
Lastly, Ajit Mishra, SVP-research at Religare Broking, highlighted that these stocks are poised to benefit from improving sector-specific trends, robust financials, and competitive advantages. The experts’ advice is based on a thorough analysis of these stocks’ fundamental and technical aspects, which suggests that they have the potential to appreciate in the coming days.
The sample analysis and opinions shared by these experts are useful resources for investors, providing valuable insights and suggestions for making informed investment decisions. As always, investors are encouraged to do their own research, consult with a financial advisor, and consider multiple perspectives before making any investment decisions.