Mumbai: HDFC Securities has suggested buying shares of Bank of India, JK Lakshmi Cement, Jyothy Labs, State Bank of India, L&T Finance, Reliance Industries during the Diwali 2024 period. The stock broker company shared the target price for the recommended stocks, saying the counters are projected to reach the target levels by next Diwali.
Muhurat Trading 2024: This trading window signals the beginning of Samvat 2081. During this time period, stock market investors tend to buy shares of companies of their choice as it is considered an auspicious time to invest money in the stock market. BSE and NSE have conformed that National Stock Exchange (NSE) notification, the Muhurat Trading session will be held on Friday, November 1.
| Muhurat Trading | Start Time | End Time |
| Pre Open | 17:45:00 | 18:00:00 |
| Normal Market | 18:00:00 | 19:00:00 |
| Block Deal Session | 17:30:00 | 17:45:00 |
| Special Preopen Session ** (For IPO & Relisted security) | 17:45:00 | 18:30:00 |
| Normal market open time for stocks in special preopen session | 18:45:00 | 19:00:00 |
| Call Auction Illiquid session | 18:05:00 | 18:50:00 |
| Closing Session | 19:10:00 | 19:20:00 |
Reliance Industries share price target
Buy range: 2447-2716
Target price: Rs 3243
HDFC Securities gave a Buy rating on Reliance Industries (RIL) within the range of Rs 2447-2716 the target price of Rs 3243.
SBI share price target
Buy range: 733-813
Target price: Rs 960
Buy State Bank of India shares in the range of Rs 733-813 apiece with a target price of Rs 960, HDFC Securities stated in its Diwali Stock Picks 2024 report.
Bank of India share price target
Buy Range 96-106
Target price: Rs 132
HDFC Securities initiated a Buy call on Bank of India share. The brokerage suggested the counter to be purchased within the range of Rs 96-106 with a share price target of Rs 132.
Buy call on JK Lakshmi Cement
Buy Range: Rs 738-819
Target price: Rs 936
The online brokerage firm gave a Buy rating on JK Lakshmi Cement. It recommended the stock to be bought in the range of Rs 738-819 with a target price of Rs 936.
Jyothy Labs share price target
Buy Range: Rs 480-533
Target price: Rs 600
HDFC Securities advocated for Jyothy Laboratories to be bought in the range of Rs 480-533. The counter has the potential to appreciate to the level of Rs 600 by Diwali 2025.
Buy rating on L&T Finance
Buy Range: Rs 153-170
Target price: Rs 219
The brokerage firm advised the stock market enthusiasts to purchase L&T Finance stock in the range of Rs Rs 153-170. The scrip is projected to reach the target price of Rs 219 by next Diwali.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
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