MediumNeutral
Announced Thu, 16 Jul · 09:46 IST

Stocks to buy or sell: Osho Krishan of Angel One suggests buying Aarti Industries, ICICI Prudential shares on 16 July

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Angel One's Osho Krishan recommended buying Aarti Industries around Rs 500-495 (target Rs 550-560, stop loss Rs 465) and ICICI Prudential Life Insurance on 16 July, citing positive technical setups including MACD crossover and EMA support. Separately, ICICI Lombard General Insurance tumbled 10% after reporting a decline in quarterly profit, while benchmark indices opened higher with Nifty 50 at 24,125.10 and Sensex at 77,369.88. Investor sentiment remained cautious due to escalating US-Iran tensions, with Brent crude holding around $85 per barrel and the analyst flagging a potential bearish Head and Shoulders pattern on the Nifty.