Share Market

Top Picks: Market Under Pressure, Experts Still Confident in These Stocks

Top Picks: The Indian stock market came under pressure on Monday, with the Nifty index falling below 21,700. The Nifty Bank index was also under pressure.

Market Under Pressure? Experts Recommend 5 High-Growth Stocks Across IT, Pharma, and Finance

Stock Sector Expert Target Price Entry Point Reason for Pick
Info Edge Media & Information Services Manas Jaiswal (Centrum Broking) Rs 5,375 Rs 5,189 Strong growth in digital & advertising
Birlasoft IT Services Prakash Gaba (ICICI Direct) Rs 740-750 Rs 700 Thriving in IT sector boom
Bajaj Finserv Financial Services Kavita Jain (ICICI Direct) Rs 1,751-1,770 Rs 1,695 Tapping into financial market growth
Aurobindo Pharma Pharmaceuticals Rajesh Satpute (Prabhudas Lilladher) Rs 1,200+ Rs 1,090 Poised for pharma sector recovery
Coforge IT Services Sachidanand Uttekar (SMC Global Securities) Rs 6,180-6,300 Rs 6,040 Strong potential in IT services

Stocks to Watch

  • Info Edge: Manas Jaiswal, head of research at Centrum Broking, recommended Info Edge, a leading media and information services company. He said the stock could hit a target of Rs 5,375.
  • Birlasoft: Prakash Gaba, technical analyst at ICICI Direct, recommended Birlasoft, a software services company. He said the stock could hit a target of Rs 740-750.
  • Bajaj Finserv: Kavita Jain, head of technical research at ICICI Direct, recommended Bajaj Finserv, a financial services company. She said the stock could hit a target of Rs 1,751-1,770.
  • Aurobindo Pharma: Rajesh Satpute, technical analyst at Prabhudas Lilladher, recommended Aurobindo Pharma, a pharmaceutical company. He said the stock could hit a target of Rs 1,200+.
  • Coforge: Sachidanand Uttekar, technical analyst at SMC Global Securities, recommended Coforge, a software services company. He said the stock could hit a target of Rs 6,180-6,300.

Disclaimer: The views expressed on csvt.in are those of the experts themselves and do not necessarily reflect the views of the website or its management. CSVT advises users to consult with certified experts before taking any investment decision.

Analysis

The experts believe that the market is still under pressure due to profit-taking. However, they are still confident in the long-term prospects of the Indian economy. They believe that the stocks they have recommended are well-positioned to benefit from the growth of the economy.

Specifically, they believe that Info Edge is a good investment due to its strong growth prospects in the digital media and advertising sectors. Birlasoft is a good investment due to its strong growth prospects in the IT services sector. Bajaj Finserv is a good investment due to its strong growth prospects in the financial services sector. Aurobindo Pharma is a good investment due to its strong growth prospects in the pharmaceutical sector. Coforge is a good investment due to its strong growth prospects in the software services sector.

Of course, it is important to do your own research before making any investment decisions. The views expressed by the experts are just their opinions and should not be taken as investment advice.

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