Stocks to BUY, SELL or HOLD Today, June 29: Brokerages issued fresh calls on banks, IT and new-age technology stocks on Monday, with Morgan Stanley retaining an overweight stance on HDFC Bank, Kotak Mahindra Bank, InterGlobe Aviation and Shriram Finance, while downgrading TCS to equal weight amid a cautious outlook on the IT sector.
Goldman Sachs remained bullish on Paytm and Eternal (Zomato), and brokerages offered mixed views on Persistent Systems. Here are today’s top stocks to buy, sell or hold, along with the latest target prices and ratings.
Here’s the list of stocks to buy, sell or hold in today’s trading session:
Stocks to BUY, SELL or HOLD Today
| Stocks to BUY, SELL or HOLD | Brokerage | Rating | Price (Rs) |
| HDFC Bank | Morgan Stanley | Overweight | 1,025 |
| Kotak Mahindra Bank | Morgan Stanley | Overweight | 500 |
| Persistent Systems | Emkay | Add | 5,200 |
| Persistent Systems | Nuvama | Hold (Downgraded from Buy) | 4,800 |
| InterGlobe Aviation | Morgan Stanley | Overweight | 6,436 |
| TCS | Morgan Stanley | Equal Weight (Downgraded from Overweight) | 2,200 |
| Infosys | Morgan Stanley | – | 1,112 |
| Wipro | Morgan Stanley | – | 161 |
| HCL Technologies | Morgan Stanley | – | 1,105 |
| Tech Mahindra | Morgan Stanley | – | 1,160 |
| Coforge | Morgan Stanley | – | 1,700 |
| LTIMindtree | Morgan Stanley | – | 4,000 |
| L&T Technology Services | Morgan Stanley | – | 3,460 |
| Cyient | Morgan Stanley | – | 820 |
| Tata Elxsi | Morgan Stanley | – | 3,780 |
| Shriram Finance | Morgan Stanley | Overweight | 1,260 |
| HDB Financial Services | Morgan Stanley | Equal Weight | 800 |
| Paytm | Goldman Sachs | BUY | 1,430 |
| Eternal (Zomato) | Goldman Sachs | BUY | 350 |
HDFC Bank Share Price Target
Morgan Stanley maintains Overweight with a target price of Rs 1,025.
Kotak Mahindra Bank Share Price Target
Morgan Stanley maintains Overweight with a target price of Rs 500.
Persistent Systems Share Price Target
- Emkay maintains Add with a target price of Rs 5,200.
- Nuvama downgrades to Hold from Buy with a target price of Rs 4,800.
InterGlobe Aviation Share Price Target
Morgan Stanley maintains Overweight with a target price of Rs 6,436, compared with Rs 5,844 earlier.
TCS Share Price Target
Morgan Stanley downgrades to Equal Weight from Overweight with a target price of Rs 2,200, compared with Rs 2,880 earlier.
Infosys Share Price Target
Morgan Stanley maintains a target price of Rs 1,112, compared with Rs 1,380 earlier.
Wipro Share Price Target
Morgan Stanley maintains a target price of Rs 161, compared with Rs 192 earlier.
HCL Technologies Share Price Target
Morgan Stanley maintains a target price of Rs 1,105, compared with Rs 1,410 earlier.
Tech Mahindra Share Price Target
Morgan Stanley maintains a target price of Rs 1,160, compared with Rs 1,410 earlier.
Coforge Share Price Target
Morgan Stanley raises the target price to Rs 1,700 from Rs 1,500 earlier.
LTIMindtree Share Price Target
Morgan Stanley maintains a target price of Rs 4,000, compared with Rs 4,410 earlier.
L&T Technology Services Share Price Target
Morgan Stanley maintains a target price of Rs 3,460, compared with Rs 3,530 earlier.
Cyient Share Price Target
Morgan Stanley maintains a target price of Rs 820, compared with Rs 900 earlier.
Tata Elxsi Share Price Target
Morgan Stanley maintains a target price of Rs 3,780, compared with Rs 4,200 earlier.
Shriram Finance Share Price Target
Morgan Stanley maintains Overweight with a target price of Rs 1,260, compared with Rs 1,250 earlier.
HDB Financial Services Share Price Target
Morgan Stanley maintains Equal Weight with a target price of Rs 800, compared with Rs 720 earlier.
Paytm (One 97 Communications) Share Price Target
Goldman Sachs maintains BUY with a target price of Rs 1,430, compared with Rs 1,400 earlier.
Eternal (Zomato) Share Price Target
Goldman Sachs maintains BUY with a target price of Rs 350, compared with Rs 340 earlier.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
