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Should you buy, sell or hold L&T, Tata Power, Biocon, other stocks now?

Share Market News: Domestic equity indices Nifty 50 and Sensex started Thursday’s session on a negative note amid selling pressure in IT, power, FMCG and auto stocks. This marks the last session of the F&O series for October and Samvat 2080. As investors await more corporate earnings from India Inc for signals, here’s how traders are viewing a number of stocks on Dalal Street now.

Should you buy, sell or hold Larsen & Toubro (LT) shares?

A brokerage Average The target
Goldman Sachs Buy it It rose to Rs 3,960 from Rs 3,740
Nomura Buy it Rs 4,100
Morgan Stanley Being overweight R3,857
JPMorgan Being overweight R4,360
Jeffries Buy it R4,160

Should you buy, sell or hold Biocon shares?

A brokerage Average The target
Jeffries Performance below expectations It has increased to Rs 280 from Rs230
HSBC It has been taken down Revised at Rs 270 from Rs 300
Goldman Sachs Buy it Discount on Rs 350 from Rs 360

Should you buy, sell or hold Tata Power shares?

A brokerage Average The target
Jeffries Performance below expectations It has increased to Rs 340 from Rs 325
Morgan Stanley Buy it R560
Nomura Buy it R560

Get all the latest stock market updates here. For all other news in trending sectors from technology and automobiles to personal finance, visit Zeebiz.com.




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