The Indian markets edged up on Monday with the BSE Sensex rising nearly 100 points in early trade and the Nifty index trading firm above 8,800, taking cues from higher Asian markets. But they faced profit-taking at higher levels. Metals, select banking and power stocks led the domestic markets higher. Meanwhile, NDTV Profit spoke to a few analysts who shared their top trading picks.
Ruchit Jain, Equity Technical Analyst, Angel Broking
Buy Motherson Sumi for a target price of Rs 376 with stop loss at Rs 341
Buy PTC India for a target of Rs 106 with stop loss at Rs 85
Meghana V Malkan, trading coach, Malkansview
Buy Adani Power for a target price of Rs 41 with stop loss at Rs 35
Buy CESC for a target price of Rs 890 with stop loss at Rs 820
S V Prasad, chairman, Chime Consulting
Buy Sun Pharma
Buy HDFC Bank
T S Harihar, chief executive and founder, HRBV Client Solutions
Buy SBI for a target price of Rs 350
Buy Satin Creditcare for a target price of Rs 550
Sell Idea Cellular for a target price of Rs 85
Disclaimer: Investors are advised to make their own assessment before acting on the information.