The NSE Nifty 50 and BSE Sensex extended opening gains on Tuesday, led by Bharti Airtel Ltd. and Reliance Industries Ltd. The Nifty Defence and Nifty IT were leading gains.
As of noon, Nifty 50 was trading in the red, 0.33% lower at 24,864.75 and the Sensex 30 was trading 0.27% down at 81,571.70.
Nilesh Jain, head VP-technical and derivatives research (equity research) at Centrum Broking Ltd., has 'buy' recommendations on these stocks on Tuesday.
Apollo Hospitals Enterprise
Jain suggested buying Apollo Hospital at the current market price with a target price of Rs 7,380 apiece and stop loss at Rs 6,970 apiece.
Out of 29 analysts tracking the company, 26 have a 'buy' rating, two suggest 'hold', and one recommends 'sell', according to Bloomberg data.
Voltas
Jain suggested buying Voltas at the current market price with a target price of Rs 1,365 apiece and a stop loss at Rs 1,288 apiece.
Out of 41 analysts tracking the company, 28 have a 'buy' rating, eight suggest 'hold', and five recommend 'sell', according to Bloomberg data.
KPIT Technologies
Jain suggested buying KPIT Technologies at the current market price with a target price of Rs 1,465 apiece and a stop loss at Rs 1,376 apiece.
Out of 21 analysts tracking the company, 15 have a 'buy' rating, four suggest 'hold', and two recommend 'sell', according to Bloomberg data.
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