MediumNeutral
Announced Thu, 9 Jul · 08:51 IST

Stocks to buy for short term: Infosys among 3 shares Amol Athawale of Kotak Securities recommends for next 1-2 weeks

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian benchmarks Nifty 50 fell 2.12 percent or 516 points to 23,882 and Sensex dropped 2.15 percent or 1,677 points to 76,503.60 on Wednesday, pressured by Middle East tensions and a jump in crude oil prices. FPIs remained net buyers in the cash segment for the fourth straight session, purchasing shares worth about Rs 1,962.80 crore. Amol Athawale of Kotak Securities recommended buying Infosys (target near Rs 1,140), National Aluminium (target near Rs 375), and Nykaa (target near Rs 335) for the next one to two weeks, while advising day traders to sell on rallies with immediate Nifty resistance placed at 24,000 to 24,050.