The NSE benchmark Nifty surged to fresh all-times high today, tracking higher global markets after the US Federal Reserve signalled gradual rate hikes, soothing investors who had feared faster rate hikes. The Nifty rose to a fresh all-time high of 9,152 while Sensex gained as much as 217 points. The rupee also strengthened against the dollar, rising 45 paise to fresh 16-month high of 65.24 taking its gain in this year so far to 4.1 per cent against the greenback. Meanwhile, NDTV Profit spoke to a few analysts who spoke about their trading strategies.
Gaurang Shah, Vice President, Geojit BNP Paribas Financial Services
Buy Shriram Transport Finance Company for a target of more than Rs 1,200
Buy IPCA Laboratories for a target of Rs 660
Buy Indraprastha Gas for a target of Rs 1150
Shrikant Shetty VP, Advisory - Equities, Motilal Oswal
Buy Equitas Holdings for a target of Rs 240
Amar Singh, Head Advisory, Angel Broking Pvt Ltd
Buy Adani Enterprises for a target of Rs 107 with stop loss at Rs 96
Buy Arvind for a target of Rs 413 with stop loss at Rs 387
LIC Housing Finance for a target of Rs 597 with stop loss at Rs 576
Disclaimer: Investors are advised to make their own assessment before acting on the information.
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