Midcap Stocks: In view of the signs of weakness being received from the global markets, the Indian stock market is also witnessing a downward trend. Indian stock markets are breaking for 2 consecutive days. However, volatility has been seen in the market in Tuesday’s trading session. In such a situation, it is important to decide which stocks to invest in and where to buy. In the stock market, 2 market experts have selected strong stocks from the midcap sector for purchase. In an exclusive conversation with Zee Business Managing Editor Anil Singhvi, market experts Simi Bhowmik and Hemang Jani have selected 6 stocks from the midcap segment to buy.
Watch Zee Business Hindi Live TV here
Hemang Jani’s choice
Long Term – VRL Logistics
Experts have given a target price of Rs 720 to investors for buying here. Experts said that this stock can give up to 20 percent upside to investors. This year the company is expanding its expansion aggressively. Apart from this, the company has given a target of 20-25 percent growth.
Positional – Lemon Tree Hotels Ltd
Experts have selected a strong stock from the hotel sector and advised investors to invest there. Experts have given a target price of Rs 85 for buying here. This stock of hotel sector can make strong earnings of investors.
Short Term – Endurance Technologies
Expert said that investors are advised to invest money on the strong company of Auto Ancillary. Expert told that this company has expansion not only in the country but also abroad. Here investors can get a return of 29 percent and have given a target price of Rs 1620.
Simi Bhowmick’s Choice
Long Term – Bharat Dynamics Ltd (BDL)
According to experts, money can be made in this stock and she has already advised to invest money in it many times. According to experts, the first target for buying in this stock is Rs 1030-1050, which can be found in 5-6 months. Apart from this, the second target is Rs 1200. Here it is advised to put a stop loss of Rs 700.
Positional – Capri Global Capital Ltd
Experts have given a target price of Rs 700 to Rs 800 for buying here. According to experts, investors can invest money here and this stock can give strong profits to the investors. Here a stop loss of Rs 660 is to be placed.
Short Term – HBL Power
Experts said that this stock can give strong returns to the investors. Experts can put a stop loss of Rs 85 here and the first target will be Rs 100 for investors and the second target will be Rs 105.
(Disclaimer: The investment advice here is given by the brokerage house/expert. These are not the views of Zee Business. Consult your advisor before investing.)