Buy, Sell Or Hold: TCS, NHPC, KPIT Technologies, Wipro, NTPC Green — Ask Profit

Market analysts also shared buy, sell and hold recommendations for stocks like CIE Automotive India.

Buy, Sell and Hold: Market experts share their insights on NDTV's show, Ask Profit. (Source: Gemini\AI)

Should you hold shares of NHPC Ltd.? Should you add shares of Tata Consultancy Services Ltd. at the current market price? Have you lost the chance to buy shares of KPIT Technologies Ltd. at an attractive price? Is it the right time to exit Wipro Ltd.?

Mahesh M Ojha, assistant vice president at Hensex Securities and Gaurav Sharma, associate VP and head of research (equity, commodity and currency) at Globe Capital provided insights on these investor queries and more on NDTV Profit's Ask Profit show.

NHPC (CMP: Rs 83.69)

Mahesh: Hold

  • The stock shows potential to reach Rs 110 within the next six to nine months.

  • Currently, it is in a consolidation phase.

  • For investors with a horizon beyond one year, holding the stock could be a strategy.

TCS (CMP: Rs 3,079.05)

Mahesh: Staggered buying

  • The company has made a strategic decision to reduce their employee count.

  • From a long-term investment, a staggered buying approach could be beneficial for investors.

KPIT Technologies (CMP: Rs 1,192.80)

Gaurav: Offload

  • The stock appears weak, with no signs of recovery at present levels.

  • Investors are advised to consider exiting their positions to reduce potential downside risk.

Wipro (CMP: Rs 250.05)

Mahesh: Staggered buying

  • A staggered accumulation strategy is recommended for the stock.

  • Within the IT sector, Infosys is a also a strong option.

NTPC Green Energy (CMP: 107.15)

Gaurav: Hold

It remains uncertain whether the stock will reach Rs 115, as its current movement shows a largely sideways trend.

Investors may consider holding the position with a stop loss set at Rs 102.

CIE Automotive India (CMP: Rs 405.05)

Gaurav: Exit

  • The stock appears weak, currently forming a lower low pattern.

  • It has failed to reclaim any of the higher levels seen in its recent past.

  • Exiting the position is the best option.

Also Read: Stock Market Highlights: Nifty, Sensex Fall For Third Session As Kotak Mahindra Bank Drags

Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.

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Sreshti Srinivasan
Sreshti Srinivasan covers markets and business news at NDTV Profit. She hol... more
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