Nifty crossed 10,800 levels in the last week and managed to remain in green. But the next week will be in a volatile state because of the fluctuations in crude oil, rupees’ movement against the dollar (USA) and the developments on the monsoon progress.
The Brent crude prices are above the $75 per barrel. Hike in crude oil (raw material) prices increases the import bill of India as our nation imports around 80% of its crude requirements. Also, a week rupee increases the cost of crude oil too.
Even in this situation, 3 stocks to buy may give return up to 44% in a couple of months.
Dynamic Industries – Target: INR 140-150, Return: 44%
Sun Pharma – Target: INR 650, Return: 13%
SAIL – Target: INR 95-101, Return: 18%
Disclaimer: The stocks listed above are based on the current market situation and crude oil prices internationally. So, check with the stock market experts before taking any decision for investment.