Buy Tata Power, Suzlon Energy shares; avoid BHEL stock, says Anand Rathi
Indian benchmark indices kicked off the week on a weak note and continued to fall on Monday on the back of intense sell-off, rise in the crude oil prices and escalating geopolitical concerns. BSE Sensex crashed 638.45 points or 0.78 per cent, to end the session at 81,050.00. NSE’s Nifty50 tumbled 218.85 points, or 0.87 per cent, to close at 24,795.75 for the day.
Some buzzing stocks including Tata Power Company Ltd, Bharat Heavy Electricals Ltd (BHEL) and Suzlon Energy Ltd are likely to remain under the spotlight of traders for the session today. Here is what Jigar S Patel, Senior Manager – Technical Research at Anand Rathi Shares and Stock Brokers has to say on these stocks ahead of Tuesday’s trading session:
Tata Power | Buy |…