The latest analysis and commentary by stock market gurus Mitessh Thakkar of mitesshthakkar.com and Mayuresh Joshi of Angel Broking on what is moving the markets today. Check out their top stock recommendations.
They spoke at length about State Bank of India, Maruti Suzuki, Indiabulls Housing Finance, Axis Bank.
Answering viewer query on State Bank of India (SBI), Joshi said, “It is one of the better placed PSU banks at this point of time. So, yes, if he is a long term investor, he has held on for 15 years but he intends to hold on for next two to three years, please continue holding on to the stock.”
On Maruti Suzuki, Thakkar said, “If he wants to exit, try to exit towards the upper range, anything close to about Rs 7,600-7,700 would be good exit point. Around Rs 6,500 is if somebody wants to buy, I think longs can be taken with a 200 point kind of stop loss. Accumulation around Rs 6,500-6,600 zone could be a good idea.”
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