Produced by: Prashun Talukdar
Benchmark indices settled in the green on Friday, led by gains in banks, financials, automobile and energy stocks. Headline index Nifty rose 119 points or 0.54% to close at 22,124-level. The 30-share BSE pack surged 526 points or 0.73% to end at 72,996. India VIX, fear index, shed 0.91% to end at 12.70-level.
For March 28 (Thursday), market analyst from a domestic brokerage has assigned 'Buy' calls for Zensar Technologies, Max Healthcare and Indian Hotels shares. Check stock price targets, analysis, investment rationale and other crucial details about these technical bets.
LTP: Rs 609.10 | SL: Rs 590 An analyst from LKP Securities has given a 'Buy' call on Zensar Technologies shares with a target price of Rs 650. The multibagger scrip has gained 127.74% in the past one year. "The stock may move higher towards Rs 650 level in the short term. Support on the counter will be at Rs 590," said Rupak De, Senior Technical analyst at LKP Sec.
LTP: Rs 810.45 | SL: Rs 774 The LKP analyst has also selected Max Healthcare Institute in his stock recommendations. He has given a 'Buy' call on the counter with a target price of Rs 900 per share. The scrip has jumped 80.12% in a year. "The stock appears primed for a rally towards Rs 900 level in the short term. Support will be positioned at 774 on the lower end," De stated.
LTP: Rs 586.60 | SL: Rs 574 The analyst from LKP has included The Indian Hotels Company in his stock suggestions as well with a 'Buy' call for a target of Rs 630. The counter has surged 87.95% in the past one year. "The stock may rally towards the Rs 630 zone in the short term. Support will be positioned at Rs 574 on the lower end," De mentioned.
"For Nifty, the trend is likely to remain positive as long as the index stays above 22,000. On the higher end, it could potentially move towards 22,300 and beyond in the short term," said Rupak De from LKP.
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