The benchmarks NSE Nifty 50 and BSE Sensex opened in the green, rising over 0.80% as of 10:00 a.m. and pared gains around 11 a.m. to trade 0.47% and 0.54% higher, respectively. On Friday, too, the benchmarks had closed stronger.
Gaurav Sharma, associate VP and head of research at Globe Capital, recommends buying these stocks on Monday.
Shipping Corporation of India
Sharma recommends 'buy' for the stock at Rs 202, with a target price of Rs 220, and stop loss at Rs 294.
Aadhar Housing Finance
He also recommended a 'buy' for Aadhar Housing Finance Bank. He suggested buying the stock at Rs 445, with a target price of Rs 465, and stop loss at Rs 432.
All the 10 analysts tracking the company suggest 'buy', as per Bloomberg data.
PNC Infratech
He suggests 'buy' for the stock. Sharma advised buying the stock at Rs 295 with a target price of Rs 315 and stop loss at Rs 286.
Out of 17 analysts tracking the stock, 12 recommend 'buy' and five suggest 'hold'.
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