Want to invest in equities today; here’s a list of stocks’ recommended by experts

The Indian markets opened on a positive note in Monday trading session, with Sensex gaining over 110 points and Nifty maintaining it's 10,000-mark. At around 0928 hours, the Sensex was trading at 33,744.99 higher by 114.84 points or 0.34%, while Nifty 50 surged by 45.05  points or 0.44% trading at 10,376.65.

For this week, the Indian market is expected to be guided by a range of factors macroeconomic data, onset of corporate earnings season and trade tariff tussle. 

Motilal Oswal said, "On domestic front, focus will now be shifted back to Q4 earnings season which will commence from this week, along with that macro data such as inflation and Industrial Production numbers willset the direction for the market."

In case you are a stock market lover, and are planning to make some investment on Monday, here’s a list of companies who are worth investing as per analysts. 

According to IDBI Capital, TRENT rallied from the low of 227.4 (Jun-17) to the high of 361.0 (Dec-17) and after that less than 61.8% fib retracement levels it resumed the uptrend. During last week it crossed this high on a closing basis. The momentum oscillator RSI is showing positive bias.

Thus, an investor can buy the share price of Trent in the range of Rs 362 - Rs 358 per piece, as it has the potential to reach a target of Rs 380 per piece. 

Analysts at Religare Broking highlighted that Hindustan Zinc would be good stock for purchase, as per them, the company  is among the strongest counter in metal space. It has been hovering in a range while mostly are struggling. Indications are in the favor of fresh breakout in near future. 

Religare for Hindustan Zinc says, “We advise using any dip in the given range for creating fresh longs. They believe the company has potential to touch a target of Rs 335 and one can initiate purchase between Rs 309 - Rs 312 per piece. 

Meanwhile, IIFL analysts best pick is LG Balakrishnan & Bros - which can be purchased between Rs 1,175- 1,180 per piece. It has the target to reach up to  Rs 1,261 per piece. 

As per IIFL, the  stock has been consolidating for over four months and has finally broken out from a Symmetrical Triangle pattern on the weekly chart. The price outburst has been accompanied with smart uptick in traded volumes. LG Balakrishnan is also in a solid uptrend maintaining its Higher Top Higher Bottom Structure. 

Additionally, LG Balakrishnan has also managed to convincingly sustain above its short term averages further adding conviction to our bullish stance on the stock.

Going further, a list of brokers also guided investors with best pick on Bloomberg Quint. Below mentioned is the list of the stocks. 

ICICI Securities on Yes Bank - Reinitiate Buy with target price of Rs 464 per piece -  which is up by 48% from market price. In the bank, the growth opportunity fairly abundant given smaller but growing balance sheet. Also the bank has opportunities like new exposures to large corporates, refinancing in select NCLT cases. Expect 30% CAGR in loans over FY18-20, and RoA/RoE to expand to 1.9% and 22.5% by FY20.

Investec on PNB Housing Finance - One can purchase the stock, as it has a potential to earmark Rs 1,600 per piece. The broker expects PNB Housing to grow at healthy pace, as it has best asset quality, productivity and diversified asset/liability mix.Growth to drive RoE to expand to 18% by FY20

Geojit on Cochin Shipyard - Initiate Buy with target price of Rs 625 per piece. The broker said, “Market leader in ship repair and poised to grow further led by JVs and MoUs. It has Visibility to enlarge order book, led by defence.” Over the next two years, the company is expected to  garner Rs 18,000 crore of orders.With this, expect Cochin’s Revenue/EBITDA/Net Profit to grow at a CAGR of 23%/19%/16% over FY17-20. Furthermore, it’s capacity to double in ship building & repairs by FY22. 

Angel Broking on GMM Pfaudler - Initiate Buy with target price of Rs 861 per piece. The company is expected to increase in share of non-GL business to 50% by 2020, also it’s GMM likely to maintain 20%+ growth trajectory over FY18-20. 

Deutsche Bank Markets Research on Kotak Mahindra Bank -  This stock is upgraded to Buy from Hold, while raising the target price to Rs 1,280 from previous Rs 1,100. The bank is believed to benefit from growing  customer base coupled with diversified product portfolio. Expect RoA/RoE to rise to 2.4%/17% by FY20.

Macquarie on Jubilant Life Sciences - The broker believe the stock’s valuation looks attractive. It stated, “ Keep an eye on green shoots in pricing for Jubilant’s US generics biz. Expect solid Q4FY18 led by aftereffects of LSI and pickup in specialty pharma” With this, the company is expected to outperform, as the target price is set at Rs 1096 per piece - higher by 34% from market price. 

HSBC on Larsen & Toubro - Maintain Buy with target price of Rs 1,535 per piece. Three things were highlighted by the broker - firstly, expect 9% (YoY) order inflow growth for Q4 vs 16% (YoY) decline implied from company guidance, secondly expect modest revenue growth but a marginal decline in EPS owning to one-offs and lastly expect Earnings CAGR of 21% over FY17-19; RoE to improve to 16.3% by FY20

Hence, in case if you plan to make any investment on Monday, it is always best to have an expert opinion, so avail best options for your hard-earned money.