The Indian markets are witnessing a lackluster session as foreign institutional investors have turned net sellers since January 2014. They have been gross buyers of equities worth Rs 13,253 crore and sellers of stocks to the tune of Rs 14,921 crore till February 7, resulting in net outflow of Rs 1,668 crore, according to the data of market regulator Sebi.
Apart from the global events, investors are waiting for the general elections in India. Once a stable government comes to power and uncertainty is out of the way, the markets are expected to resume their uptrend on hopes of reforms by the incumbent government.
There are certain stocks that investors can buy in the current market volatility for sharp returns of over 20-35 per cent in the next nine months.
Ashwani Gujral, Fund Manager, ashwanigujral.com, in an interview to picked up stocks from quality and high-growth companies that are likely to outperform the markets based on technical charts.
Apart from the global events, investors are waiting for the general elections in India. Once a stable government comes to power and uncertainty is out of the way, the markets are expected to resume their uptrend on hopes of reforms by the incumbent government.
There are certain stocks that investors can buy in the current market volatility for sharp returns of over 20-35 per cent in the next nine months.
Ashwani Gujral, Fund Manager, ashwanigujral.com, in an interview to picked up stocks from quality and high-growth companies that are likely to outperform the markets based on technical charts.
Kotak Mahindra Bank (upside 22 per cent)
Buy with a stoploss of Rs 620 for target of Rs 790
Cadila Healthcare (upside 24 per cent)
Buy with a stoploss of Rs 860 for target of Rs 1,150
Bank of Baroda (upside 34 per cent)
Buy with a stoploss of Rs 500 for target of Rs 750
Yes Bank (upside 37 per cent)
Buy with a stoploss of Rs 260 for target of Rs 420
Buy with a stoploss of Rs 620 for target of Rs 790
Cadila Healthcare (upside 24 per cent)
Buy with a stoploss of Rs 860 for target of Rs 1,150
Bank of Baroda (upside 34 per cent)
Buy with a stoploss of Rs 500 for target of Rs 750
Yes Bank (upside 37 per cent)
Buy with a stoploss of Rs 260 for target of Rs 420
Apollo Hospital (upside 21 per cent)
Buy with a stop of 900, target 1150
Buy with a stop of 900, target 1150
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