Pressure is being seen in the stock market at the beginning of Friday's trading. Looking at the market trend, experts are advising investors to keep an eye on select stocks only. On Friday, the brokerage house has issued its advice on some such stocks where the signals are looking strong. The brokerage house has given its investment advice for ITC, Godrej Consumer and IndusInd Bank. If you are also looking for investment opportunities, then you can keep an eye on these stocks. Please check these advices at your level as well before investing.
ITC
Nomura has maintained its investment advice on ITC. The brokerage firm has given a target of 555 for the stock. The stock is seeing a rise in early trade on Friday and the stock has reached the upper levels of 491 today. According to Nomura, the company's sales have been better in the second quarter, although pressure has been seen on margins in all segments. According to Nomura, FMCG growth has been as per market estimates. At the same time, cigarette volume has been better than expected. IndusInd Bank MOSL has maintained a buy advice on the stock and has given a target of 1500 for the stock. The stock is seeing a sharp decline today. The stock has fallen below the level of 1100 today. According to the report, the second quarter has been weak. The brokerage has also reduced the estimates of income for this financial year and the next financial year. According to the report, the market will keep an eye on the Reserve Bank's decision regarding the tenure of the MD and CEO. Dixon Tech Nomura has maintained its investment advice on the stock. A target of 18654 has been given for the stock. A sharp decline has been seen in the stock today. The stock has fallen sharply and has come below the level of 14 thousand. According to the brokerage report, the company's results have been better than the estimates. The brokerage house has increased the earnings estimates for the company.
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