Stock Market Updates: Expert Advice on Eternal, CDSL, Suzlon, Natco Pharma, and KPIT Tech
The Indian stock market has been experiencing significant volatility in recent times, with various stocks experiencing ups and downs. In this article, we will provide expert advice on whether to buy, sell, or hold shares of Eternal, CDSL, Suzlon, Natco Pharma, and KPIT Tech, and discuss the latest trends and news in the Indian stock market.
Eternal (Zomato) Ltd.
Mahesh Ojha, associate vice president – research at Hensex Securities, advises partial profit booking on Eternal (Zomato) Ltd. at current levels, with the rest to be held for further upside. On the other hand, Gaurav Sharma, AVP and head of research, Globe Capital, recommends holding the stock for the long term, as it has a long way to go.
Central Depository Services (India) Ltd.
Mahesh Ojha advises holding on to the positions in CDSL, as the stock has performed really well and any dip should be considered a further buying opportunity.
Suzlon Energy Ltd.
Mahesh Ojha expects some profit-booking at current levels and advises waiting for some more time before buying. He recommends buying after some correction.
Natco Pharma Ltd.
Gaurav Sharma advises selling the stock, as it has not performed well and all the bounces have been sold off. Mahesh Ojha, on the other hand, recommends holding the stock, as the order book is quite good and the company has seen good numbers in the past two quarters.
KPIT Tech
Mahesh Ojha advises holding the stock, as the fundamentals are very good and the stock can potentially reach Rs 1,100-Rs 1,500 levels. He recommends adding the stock in a staggered way on any downsides at current levels.
Conclusion
In conclusion, the Indian stock market is experiencing significant volatility, and it is essential to stay updated on the latest news and trends to make informed investment decisions. By following the expert advice provided in this article, investors can make informed decisions on whether to buy, sell, or hold shares of Eternal, CDSL, Suzlon, Natco Pharma, and KPIT Tech.
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Indian Stock Market Trends
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