The Benchmark Indices were trading slowly in trading on Wednesday afternoon. The BSE Sensex dropped 0.40% to 54,5885.71 points, while the NSE Nifty took 0.35% and stayed at 16,358.55 points.

The State Bank of India, Tata Steel, TCS, Bajaj Finserv and Apollo Hospitals traded in the green. Bharti Airtel, ITC, Reliance, UPL, Asian Paints and Bajaj Auto are some of the most defeated.

Here are a few bluechip stocks that can be purchased for as much as 50% off:

1. Bajaj Finserv Ltd

ICICI Direct has maintained a buy call on the shares of Bajaj Finserv on account of a pick-up in its finance business and anticipated healthy growth in the insurance segment.

• CMP: ₹ 12,424.00
• Target: ₹ 18,900.00
• Upside: 52.12 %

2. Apollo Hospitals Enterprise Limited

Elara Capital has a buy rating on the stock as higher occupancy and specialized surgeries at mature & new facilities and the addition of new pharmacy stores are expected to boost growth.

• CMP: ₹ 3,627.55
• Target: ₹ 5,125.00
• Upside: 41.28 %

3. Wipro Limited

Macquarie has upgraded Wipro from ‘neutral’ to ‘overweight’ and has raised its target price.

• CMP: ₹ 468.80
• Target: ₹ 660.00
• Upside: 40.78 %

4. Hindalco Industries Ltd

CLSA has maintained a buy rating on the shares of Hindalco as its results were on expected lines.

• CMP: ₹ 402.50
• Target: ₹ 580
• Upside: 44.10 %

5. Divi’s Laboratories Ltd

Sharekhan has maintained a buy rating on the shares of Divi’s Laboratories. “While there are apparent near-term concerns, long-term growth levers are intact,” the brokerage said.

• CMP: ₹ 3,496.00
• Target: ₹ 4,900
• Upside: 40.16 %

Disclaimer

The content in this daily news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. The author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

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Disclaimer The content in this daily news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. The author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing. To stay updated with the Latest Stock Market news, download our app here!