It’s good news for the Indian investors as Nifty closed above its psychological barrier of 10,700 and on the other side, Sensex comfortably closed above 35,000. The numbers are too much positive and a green signal for investors. The Nifty rose 1.2 percent and Sensex rallied 1.6 percent than the last week.
The Nifty50 closed above 10,600 before April ends which is 5% above its penultimate expiry. As Nifty broke the resistance levels in the March quarter and thus, many experts predict that several stocks could give good return in short time.
Here below are the stocks which could give up to 19% return and make you richer 5 to 19%.
Shriram City Union Finance – CMP: INR 2395, Target: INR 2527, Returns: 5.5%
Reliance Nippon Life Asset Management – CMP: INR 253, Target: INR 330, Returns: 30%
Maruti Suzuki – CMP: INR 8783 Target: INR 10,200, Returns: 16%
UPL – CMP: INR 740, Target: INR 880, Returns: 19%
The above stocks are listed here depending on the current stock market levels (Nifty50 and Sensex) and stocks’ previous earnings. So, confirm with your experts before making any big decision.