The Indian stock indices closed flat on Monday, July 7. This is mainly due to the uncertainty about the interim India-US trade deal. Today, the Sensex closed at 83,409.68, up 9.61 points or 0.01 per cent, while the Nifty50 closed at 25,461.3, up 0.30 points.
Despite this, brokerage Mirae Asset Sharekhan picked four stocks for the long term. These stocks include SBI, Gokaldas Exports, DLF, and V2 Retail. A look at these shares’ target prices and potential upside.
DLF share price target
The analysts suggest buying DLF stock for a target of Rs 1,010 each. Today (July 7), the stock closed at Rs 831.5 each. This means the stock can provide returns of up to 21 per cent from its last closing price.
V2 Retail share price target
The next stock on the list is V2 Retail. The analysts have chosen the stock for the long term and given a target of Rs 2,205. Today (July 7), the stock closed at Rs 1,982 each. This means the stock can provide returns of up to 11 per cent from its last closing price.
SBI share price target
The brokerage also suggests buying SBI shares and has given a target of Rs 980. Today (July 7), the stock closed at Rs 807 each. This means the stock can provide returns of up to 21 per cent from its last closing price.
Gokaldas Exports share price target
The last stock on the list is Gokaldas Exports stock. The analysts have given a target of Rs 1,140 each. Today (July 7), the stock closed at Rs 901 each. This means the stock can provide returns of up to 27 per cent from its last closing price.
The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.
