Day: March 18, 2019

The Vanguard Group Inc, the US-based investment management company, invested nearly Rs 1,300 crore in a single day on March 15. Vanguard bought the stocks in the open market through its Vanguard Emerging Markets Stock Index. As per the bulk deal data published on National Stock Exchange, 10 stocks where the firm purchased equity shares are Aarti Industries, Bata India, Castrol India, DCB Bank, NIIT Technologies, RBL Bank, TeamLease Services, TTK Prestige and V-Guard Industries.   Source: Moneycontrol

Brokerages are betting on these 20 stocks which could provide 15-100 percent return in a year time.   Bajaj Auto | Brokerage: Centrum Broking | Rating: Buy | Target: 3,075 | Upside: 13 percent State Bank of India | Brokerage: Centrum Broking | Rating: Buy | Target: Rs 350 | Upside: 15 percent HCL Technologies | Brokerage: Karvy Stock Broking | Rating: Buy | Target: Rs 1,167 | Upside: 24 percent Hindustan Unilever | Brokerage: Karvy Stock Broking | Rating: Buy | Target: Rs 2,138| Upside: 19 percent ICICI Bank | Brokerage: Karvy Stock Broking | Rating: Buy | Target: Rs 440 | Upside: 16 percent Larsen & Toubro | Brokerage: Karvy Stock Broking | Rating: Buy | Target: Rs 1,700 | Upside: 22 percent ONGC | Brokerage: Karvy Stock Broking | Rating: Buy | Target: Rs 210 | Up...

ICICI Securities recommend investors to start accumulating quality midcap stocks to ride the next leg of a major up move (around 30 percent from hereon). Ipca Laboratories | Target: Rs 1,080 | Stop loss: Rs 758 > Breakout from a five-year consolidation signals a structural turnaround > A faster retracement as 14 quarters decline (Rs 906-400) is completely retraced in just six quarters > We expect the stock to continue its current up move and test levels of Rs 1,090 as it is the 138.6 percent external retracement of the entire previous decline (Rs 907 to Rs 400) Kansai Nerolac Paints | Target: Rs 550 | Stop loss: Rs 405 > At the cusp of a falling channel breakout containing entire decline since high of Dec’17 (Rs 614) > A slower retracement as the stock has already taken 14 ...