8 hrs ago
HDFC Bank, TVS Motor Emerge as Top Picks Amid Correction
The stock market has been falling and becoming more unpredictable.
Krishan still sees opportunities in two companies.
He believes HDFC Bank is a strong company that may recover after its recent price decline.
He thinks it could perform well over the next one or two quarters.
He also likes TVS Motor because its share price has shown strong momentum.
He said investors could buy it gradually, even if the price falls further.
He expects TVS Motor to potentially move toward the 4,700-4,800 range.
His broader advice is to buy strong companies slowly instead of making aggressive purchases.
Krishan identified HDFC Bank as a strong portfolio stock after its recent correction.
He expects HDFC Bank to perform reasonably over the next one to two quarters.
TVS Motor was described as a buy at current levels, with further accumulation possible if prices fall.
Krishan said TVS Motor has strong momentum and could reach the 4,700-4,800 zone.
Amid market pressure, he advised cautious, staggered buying in fundamentally strong companies.
- Who
- Market commentator Krishan recommended HDFC Bank and TVS Motor to investors.
- What
- He identified the two companies as selective buying opportunities during a market correction.
- Where
- When
- He expects HDFC Bank to perform over the next one to two quarters and TVS Motor to advance in the period ahead.
- Why
- HDFC Bank was presented as a fundamentally strong portfolio stock, while TVS Motor was supported by strong momentum and potential upside.
Key facts
- Top banking pick
- HDFC Bank
- Top growth pick
- TVS Motor
- HDFC Bank outlook
- Potentially decent performance over the next one to two quarters
- TVS Motor target zone
- 4,700-4,800
- Market backdrop
- Benchmark levels have been declining and volatility has increased
- Recommended strategy
- Cautious, staggered accumulation in strong companies
Quotes
Krishan
Market commentator who recommended HDFC Bank and TVS Motor.
“everyone should have in their portfolio.”
businesstoday.in
Sources
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