Buy, Sell Or Hold: Kaynes Tech, Swiggy, Colgate, BSE, Ashok Leyland — Ask Profit
Prashanth Tapse, an analyst from Mehta Equities, and Kunal Kamble, a technical research analyst with Bonanza Portfolio, joined NDTV Profit's Ask Profit show to solve these queries.

With the fast commerce giant Swiggy Ltd. announcing a positive revenue, is it the right time to enter? What is the long-term outlook on BSE Ltd. stocks? Should you hold stocks of Kaynes Technology India Ltd. or exit? Is it a good time to enter the information technology space? Should you hold Ashok Leyland stocks?
Prashanth Tapse, an analyst from Mehta Equities, and Kunal Kamble, a technical research analyst with Bonanza Portfolio, joined NDTV Profit's Ask Profit show to solve these queries.
Here are some of there insights:
Swiggy (CMP: Rs 403.8)
Prashanth: Hold
Bullish on the sector, should have Eternal Ltd. along with Swiggy in the portfolio
Short-term hurdles may arise
Might reach 500 levels
City Union Bank (CMP: Rs 214.35)
Kunal: Hold
Overall, some good momentum in PSUs is expected.
City Union Bank's stock might move upward till the time its holding above 190 levels
Overall setup is good, will move 230-240 levels
Colgate Palmolive (CMP: Rs 2,243.85)
Prashanth: Hold
Positive outlook for at least six months at current market price
Will see a turnaround in quarter-on-quarter growth
Kaynes Tech India (CMP: Rs 6175.1)
Kunal: Wait for correction
The stock is trading near resistance level
Wait for correction and then buy
BSE (CMP: Rs 2,427.3)
Prashanth: Buy
Every dip is an opportunity to buy
Long-term view on the stock is positive
Ashok Leyland (CMP: Rs 121.05)
Prashanth: Don't Buy
Sector view positive for at least five years.
Good to have exposures with other players like Tata Motors Ltd. and Mahindra & Mahindra Ltd.