Five stocks to buy today: Ambuja, IDBI, Havells, IRB Infra, RCom
Yahoo Inc. has been trying to appease shareholders by entering negotiations to sell two of its most valuable assets — its stakes in China's Alibaba Group and Yahoo Japan — in a complicated deal that could have generated billions of dollars for dividends a
The Nifty index closed above the crucial 5,400 mark yesterday and the Nifty futures on the Singapore Exchange indicated a higher opening today. The markets have already rallied 15% this year and suddenly it looks that the rally has got legs with more participation coming in. The earnings season has virtually ended so focus is likely to return to fundamentals.
Here are five buy calls recommended by Sarvendra Srivastava.
1) Ambuja Cements:
Buy with a stop loss of 164.4 for targets of 183-185.
2) IDBI Bank:
Buy with a stop loss of 103.4 for targets of 124-125.
3) Havells:
Buy with a stop loss of 488.4 for targets of 545-550.
4) IRB Infra:
Buy with a stop loss of 164.4 for targets of 195-200.
5) Reliance Communications:
Buy with a stop loss of 94.4 for targets of 114-115.