Stocks To Buy Or Sell: Shrikant Chouhan's Top Three Picks For June 20

The NSE Nifty 50 and BSE Sensex opened on a muted note with no special cues from the US markets overnight. Asian markets were trading on a mixed note. HDFC Bank share price contributed the most to the Nifty 50.

As of 1:20 p.m. both indices advanced to trade in the green. The Nifty 50 was trading 1.12% higher at nearly 25,069, whereas Sensex 30 was trading 1.13% up at nearly 82,270.

Shrikant Chouhan, executive vice president and head equity research at Kotak Securities, has these three recommendations on Friday.

Eternal

Chouhan recommended buying Eternal Ltd. with a target price of Rs 265 apiece and a stop loss at Rs 244 apiece.

Out of 31 analysts tracking the company, 25 have a 'buy' call, two recommend holding the stock and four have a sell rating, according to Bloomberg data.

Biocon

Biocon Ltd. also has a 'buy' rating from Chouhan, who recommends a target price of Rs 365 apiece and a stop loss at Rs 345 apiece.

Out of 19 analysts tracking the company, 11 have 'buy' calls, three suggest holding the stock and five advise selling it.

Titan

Titan Co. is also among Chouhan's top picks to buy, with a target price of Rs 3,650 apiece and a stop loss at Rs 3,480 apiece.

Out of 35 analysts tracking the stock, 23 have a buy rating, seven recommend holding the stock and five suggest selling it.

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