Market Experts' LIVE Stock Recommendations: Buy United Breweries, Vedanta, M&M, NMDC, Sell MCX

Disclaimer: The views and opinions expressed by the investment advisers are of their own and not of NDTV Profit. NDTV Profit advises readers to consult their financial advisers before investment.

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The NSE Nifty 50 and BSE Sensex are likely to mark a fourth straight session of gains on the back of a rise in bank stocks.

Stock Recommendation Live: Jaiprakash Power Gets Buy From Prabhudas Liladher 

Prabhudas Liladher's Vaishali Parekh rated Jaiprakash Power Ventures Ltd. buy. The target price for the stock is Rs 20. The stop loss is at Rs 15.5 apiece.

Stock Recommendation Live: Prabhudas Liladher Suggests Buy For Bandhan Bank 

Prabhudas Liladher Technical Research Vice President Vaishali Parekh suggested a buy for Bandhan Bank Ltd. The target price for the stock is Rs 183 apiece. The stop loss is at Rs 169 apiece.

Stock Recommendation Live: United Breweries Gets Buy From Kotak Securities 

United Breweries got a Buy rating from Kotak Securities's Shrikant Chouhan. The target price for the stock is Rs 2,190 apiece. The stop loss is at Rs 2,020 apiece.

Stock Recommendation Live: NMDC Gets Buy For Axis Securities

Axis Securities Technical & Derivatives Research Senior Vice President Rajesh Palviya recommended a Buy for the stock. The target price is Rs 76, which implied 4.9% upside from Friday's close. The stop loss is at Rs 72.40 apiece.

Out of 23 analysts tracking the company, 13 maintain a 'buy' rating, four recommend a 'hold,' and six suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 5.0%

Stock Market Recommendation: Kotak Securities Suggest Buy For Vedanta 

Kotak Securities Executive Vice President and Head Equity Research Shrikant Chouhan recommended a buy for Vedanta Ltd. The target price for the stock is Rs 475 apiece. The stop loss for the stock is Rs 434 apiece.

Stock Recommendation Live: Axis Securities Suggests Buy For Fortis Healthcare 

Axis Securities Technical & Derivatives Research Senior Vice President Rajesh Palviya recommended a Buy for the stock. The target price for the stock is Rs 780 apiece, which implied 2.3% upside from Friday's close price. The stop loss is at Rs 748 apiece.

Out of 15 analysts tracking the company, 14 maintain a 'buy' rating, and one suggests a 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 2.7%

Stock Recommendation Live: Adlytick.In Gives Buy To Neuland Labs

Adlytick.In Multi Asset Research Analyst and Founder Aditya Arora recommended a buy for Neuland Laboratories Ltd. The target price for the stock is Rs 14,030. The stop loss is at Rs 12,030 apiece.

Stock Recommendation Live: HDFC Bank Shares In Focus 

HDFC Bank share price will likely be the centre of attention in Monday's session as the lender denied allegation against its CEO and managing director by the Lilavati Trust. The trust called for a prosecution and suspension of the private lender's CEO and MD Sashidhar Jagdishan for alleged financial fraud.

The share price hit a record high in Friday's session.

Also Read: Lilavati Trust Calls For Suspension And Prosecution Of HDFC Bank CEO

Stock Recommendation Live: Auto Insurance Stocks In Focus

The Government of India is considering 18–25% hike in motor third-party insurance premium. Reliance Securities are expecting a positive for car insurance stocks.

Stock Recommendation Live: Centrum Broking Gives Buy To M&M

Centrum Broking Technical & Derivatives Research Head & Vice President Nilesh Jain recommended a buy for the stock with the target price 3,201 apiece, which implied a 3% upside from Friday's close price. The stop loss is at Rs 3,055 apiece.

Out of 42 analysts tracking the company, 40 maintain a 'buy' rating, two recommend a 'hold', according to Bloomberg data. The average 12-month consensus price target implies an upside of 14.3%

Stock Recommendation Live: Axis Securities Gives Buy To NMDC 

Axis Securities Technical & Derivatives Research Senior Vice President Rajesh Palviya recommended a Buy for the stock. The target price is Rs 76. The stop loss is at Rs 72.40 apiece.

Stock Recommendation Live: Financial Services' Stocks In Focus 

Financial service providers including banks and non-banking stocks may continue to rise in Monday's session following the Reserve Bank of India's unexpected moves to infuse the economy with liquidity.

The NSE Nifty Bank and NSE Nifty Financer Services hit record highs in Friday's session. HDFC Bank Ltd. also scaled a record high.

Also Read: Nifty Bank Hits Fresh High As RBI Cuts Repo Rate To 5.5%, CRR By 100 Basis Points

Stock Recommendation Live: Buy Dixon Tech, Sell MCX 

Prashanth Tapse, research analyst at Mehta Equities Ltd. recommended a buy for Dixon Technologies Ltd. Buy at dips is the recommendation, but not at these levels however, not at current levels. Buying around Rs 1,200 apiece is suggested.

Tapse recommended to sell Multi Commodity Exchange of India Ltd. Despite having not that great March numbers, MCX is creating a lot of positive noise. Considering the low earnings and the rise in the prices, I would suggest profit booking.

Also Read: Stock Market Today: All You Need To Know Going Into Trade On June 9

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WRITTEN BY
Ananya Chaudhuri
Ananya Chaudhuri covers financial markets news and trends at NDTV Profit. S... more
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