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- Better Investment Advice For Investors Amidst Volatility, Select Stocks Can Give Strong Returns
MumbaiOne hour ago
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After two consecutive days of decline, buying has returned in the stock market. The biggest reason for this is the continuing decline in corona cases in the country. Along with this, the market is also seeing economic growth in the coming days. Because with the increase in vaccination, concessions will also increase and this will intensify economic activities.
These days the market is trading at a record level. But the intermittent profit recovery raises the concerns of the investors. That’s why we have brought for you the advice of two market experts on investment, which can give you better returns.
Yash Gupta, Equity Research Associate, Angel Broking Has expressed confidence in the pharma sector. Because once again action is being seen in the stocks of the sector. He said that the pharma and healthcare sector is showing steady growth since last month.
At the same time, if we look at the fourth quarter results, the pharma companies have not given the expected results. Growth in the export market was flat and in the domestic market, growth remained in the single digits.
However, due to the decline in corona cases, the economy will start getting back on track. Along with this, concessions on traveling restrictions will also be reduced. In such a situation, the stocks of pharma and health care sector can give good returns in the next few months. For this, buying advice would be on Apollo Hospitals. The target for the share will be Rs 3,700. It closed at Rs 3,325.40 on Thursday.
Talking about Thursday only, the BSE Healthcare index rose 1.5%. In this, the share of Lalpathlabs has increased by 7.6% and that of Thyrocare is up 4.6%. At the same time, Polymed’s stock slipped 1.1%.
Binod Modi, Strategy Head, Reliance Securities Recommends buy on HG Infra. The stock may reach Rs 514, which is trading at Rs 409. The reason for the rise in the stock is the orders received by the company in the coming days and business growth in infra projects.