Leading market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, with a strong consensus emerging on the FMCG and banking sectors.
Top picks include FMCG majors ITC, Hindustan Unilever (HUL), and Britannia, alongside private banking heavyweights Kotak Mahindra Bank and ICICI Bank.
Here are the top five stock picks and trading ideas:
ITC
Akshay P Bhagwat, Senior VP at JM Financial, has recommended a buy on diversified conglomerate ITC. He set a target price in the range of Rs 335 to Rs 340, advising traders to maintain a stop loss at Rs 314.
Hindustan Unilever (HUL)
Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, identified value in the FMCG giant HUL. He recommended buying the stock at Rs 2,424 for a target of Rs 2,530, with a stop loss placed at Rs 2,360.
Kotak Mahindra Bank
Akshay P Bhagwat of JM Financial also sees upside in the banking sector, placing a buy rating on Kotak Mahindra Bank. He set targets between Rs 435 and Rs 440, with a stop loss at Rs 407.
ICICI Bank
Shrikant Chauhan, Senior Vice President at Kotak Securities, recommended a buy on private lender ICICI Bank. He advisedentering at Rs 1,404.40 for targets of Rs 1,445 and Rs 1,465, while maintaining a stop loss at Rs 1,375.
Britannia Industries
Chauhan also suggested a long position on Britannia. He recommended buying at Rs 5,900 for targets of Rs 5,970 and Rs 6,000, with a stop loss placed at Rs 5,850.
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Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
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