NewsStocksMarket Experts Issue Buy, Sell, Hold Recommendations for Angel One, Paytm, IEX and Other Major StocksMarket Experts Issue Buy, Sell, Hold Recommendations for Angel One, Paytm, IEX and Other Major Stocks
Market experts Ruchit Jain and Sameer Dalal provided investment recommendations for seven major stocks on NDTV Profit's Ask Profit show. Key recommendations included selling Angel One due to potential profitability decline, buying IEX based on expected exponential growth, and holding Paytm with positive technical trends. The analysts advised holding Max Healthcare and Jio Financial Services without adding positions, while suggesting short-term holds for NMDC.
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Market experts have issued specific investment recommendations for several prominent stocks, providing guidance to investors navigating current market conditions. The recommendations came during NDTV Profit's Ask Profit show, where analysts shared their views on major companies across different sectors.
Expert Recommendations Overview
Ruchit Jain, vice president of equity research at Motilal Oswal, and Sameer Dalal of Natverlal & Sons Stockbrokers provided detailed analysis on multiple stocks, offering clear buy, sell, or hold recommendations based on technical and fundamental factors.
Individual Stock Analysis
The experts evaluated seven major stocks, providing specific guidance for each:
| Stock | Current Price | Recommendation | Expert | Key Rationale |
|---|---|---|---|---|
| Angel One | ₹2,333.40 | Sell | Sameer Dalal | Profitability may decline with reduced market volatility |
| Paytm | ₹1,288.65 | Hold | Ruchit Jain | Positive trend, higher top-bottom chart structure |
| Nesco | ₹1,169.05 | Do not buy | Sameer Dalal | Fully priced, limited near-term upside |
| Max Healthcare | ₹1,016.90 | Hold, don't add | Sameer Dalal | Healthcare space promising long-term |
| Jio Financial | ₹287.25 | Hold, don't add | Ruchit Jain | Sideways trend, consolidation phase |
| IEX | ₹278.65 | Buy | Sameer Dalal | Expected exponential growth in turnover |
| NMDC | ₹80.55 | Short-term hold | Sameer Dalal | Steady steel prices, strong profitability |
Sector-Specific Insights
Financial Services: For Angel One, analysts expressed concerns about declining profitability if market volatility decreases, as reduced turnover would impact the brokerage firm's earnings. The recommendation reflects expectations of changing market dynamics affecting trading volumes.
Healthcare Sector: Max Healthcare Institute received a hold recommendation with analysts noting the promising long-term outlook for the healthcare space. The sector is experiencing significant scale-up with expected profitability improvements, though experts advised against adding new positions at current levels.
Energy Trading: Indian Energy Exchange emerged as the clear buy recommendation, with analysts expecting exponential growth in both turnover and profitability. This positive outlook reflects the company's position in the expanding energy trading market.
Technical Analysis Perspectives
The recommendations incorporated both fundamental and technical analysis factors. For Paytm, the positive assessment was based on chart formations showing higher tops and higher bottoms, indicating a constructive technical pattern despite broader market weakness causing some consolidation.
Jio Financial Services was noted to be in a consolidation phase with sideways trending, leading to the recommendation to hold existing positions while avoiding fresh purchases. Similarly, NMDC received a short-term hold rating based on expectations of steady steel and iron ore prices supporting profitability.
Investment Disclaimer
The analysts emphasized that their views and opinions are independent and not representative of NDTV Profit's position. Investors are advised to consult with their own financial or investment advisers before making any investment decisions based on these recommendations.
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