Stock Market Experts Share Insights On Reliance Industries, TCS, Trent, Whirlpool, Coforge

Indian stock market investors are always on the lookout for expert opinions on which stocks to buy, sell, or hold. Recently, Sameer Dalal of Natverlal And Sons Stockbrokers Pvt. and Gaurav Bissa, senior vice president, Incred Equities Zoom Link, along with Rajesh Bhosale, equity technical and derivative analyst, Angel One, shared their insights on some of the top stocks in the Indian market, including Reliance Industries, TCS, Trent, Whirlpool, and Coforge.

Reliance Industries: Buy On Dips

Dalal advised investors to buy Reliance Industries on dips, citing the company’s growth potential in the long term. He noted that IT companies have been growing in single digits and that AI is where everyone is deploying more of their investments to reduce operational costs. Unless Indian software companies come into the AI fold and start pushing that more aggressively, there will be low capex growth. Dalal recommended having a three-year horizon and accumulating the stock slowly over the next year, as growth will come back.

TCS: Buy On Dips

Dalal also advised investors to buy TCS on dips, stating that it is one of the few companies growing at a slightly better pace in the IT sector. However, he still thinks there is an issue with operations, and differentiation of the business model needs to come through. He predicted that the stock will see volatility and advised investors to add it if it corrects closer to Rs 1,350 and book profits near Rs 1,500.

Trent: Avoid On Short Term

Bissa advised investors to avoid Trent on a short-term basis, citing the stock’s formation of lower tops and lower bottoms on daily and weekly charts, which is characteristic of a downtrend. He stated that if the horizon is small or for position trading, it is best to avoid the stock, as it is not the right time for a position trade.

Whirlpool: Sell

Dalal advised investors to sell Whirlpool, stating that margins should improve, but growth becomes an issue due to the company’s large size. He predicted that the stock can see 10-12% CAGR returns but advised investors to sell out and look for an opportunity where they can get upside.

Coforge: Sell

Bhosale advised investors to exit Coforge, stating that the stock has been underperforming and is struggling to surpass the Rs 200 DMA. He predicted that the stock will likely continue its underperformance, making it a good time to exit.

Reliance Industries: Hold

Dalal advised investors to hold on to Reliance Industries, stating that the company is making investments in the green energy space. He noted that the stock gave no returns in the past too and is going through another period of investment, but has good upside when the investments spit out profitability.

These expert opinions provide valuable insights for Indian stock market investors, helping them make informed decisions about their investments. However, it is essential to remember that the views and opinions expressed by investment advisers are their own and not of any particular organization. Investors should always consult with their own financial or investment adviser before taking any investment decision.

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Conclusion

In conclusion, the Indian stock market is a complex and dynamic entity, and investors need to stay informed and up-to-date with the latest news and trends to make informed decisions. By following the expert opinions and analysis provided by Sameer Dalal, Gaurav Bissa, and Rajesh Bhosale, investors can gain valuable insights into the top stocks in the Indian market, including Reliance Industries, TCS, Trent, Whirlpool, and Coforge. Remember to always consult with your own financial or investment adviser before taking any investment decision.