By Admin 
- West Asia crisis, market unstable due to selling; InCred recommends stocks.
- These leading large-cap shares can give returns up to 49%.
- HDFC Bank, TCS are among the major recommended stocks.
Share Market: Amidst the turmoil in global markets due to the crisis in West Asia, continuous selling by foreign investors (FIIs) and deteriorating investor sentiment, brokerage firm InCred Equities has suggested some stocks that can make you profitable. In its recent report, it has selected some of the leading large-cap stocks like HDFC Bank, TCS, which have the power to give returns of up to 49% even in this challenging situation. Let us take a look at these profitable stocks.
HDFC Bank- InCred Equities has set a target price of Rs 1,160 for HDFC Bank, which represents an upside of about 42% from its current market price of Rs 818.
Tata Consultancy Services- The brokerage has set a target price of Rs 3,052 for TCS, which shows an upside of about 48.9% from its current market price of Rs 2,050.
Bajaj Finance- InCred Equities has a target price of Bajaj Finance of Rs 1,250, which indicates an upside of 25% from its current market price of Rs 1,004.
Axis Bank- InCred Equities has set a target price of Rs 1,580 for private sector Axis Bank, which indicates a possible upside of 22% from its current market price of Rs 1,298.
Hindustan Unilever (HUL)- InCred Equities has set a target price of Rs 2,790 for this FMCG sector giant, which means there is a possibility of an increase of 30% from its current market price of Rs 2,145.
Maruti Suzuki- The target price for auto sector company Maruti Suzuki is ₹ 15,280, which is 11% more than its current market price of ₹ 13,728.
UltraTech Cement- InCred Equities has given a target price of Rs 14,215 to UltraTech Cement, which means it can gain 23% from its current market price of Rs 11,524.
Tata Steel- InCred Equities has set a target price of Rs 224 for Tata Steel, which implies a potential upside of 19% from its current market price of Rs 188.
Tata Motors- InCred Equities has set the target price of Tata Motors at Rs 496, which indicates an upside of 18% from its current market price of Rs 420.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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