MediumNeutral
Announced Mon, 29 Jun · 06:05 IST

Raja Venkatraman recommends three stocks for 29 June

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Analyst Raja Venkatraman recommended buying TMCV above Rs 433 with a Rs 470 target, MAXHEALTH above Rs 1,125 targeting Rs 1,250, and SAREGAMA above Rs 486 aiming for Rs 525, all over a two-month horizon. The week of June 22-25 was volatile for Indian equities, with the Sensex crossing 77,000 on June 22 before tumbling over 500 points on June 23 due to a Vedanta block deal, a stronger US Dollar Index, and heavy selling in IT majors Infosys and TCS. Benchmarks rebounded on June 24 supported by falling crude prices and dovish commentary from the RBI Governor.