While the world's economies are stepping into greater volatility and geopolitical tensions, investors are being compelled to take a defensiveopportunistic approach. Hero MotoCorp, Swiggy, and Gold BeES are astute investments in the market today, according to Rahul Sharma of JM Financial Services.
Key Highlights:
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Hero MotoCorp: The twowheeler market leader is showing strong technical support in the ₹4,350–₹4,400 levels. Experts recommend buying at ₹4,775–₹4,800 and a stop loss at ₹4,149 based on structure and signs of revival in the sector.
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Swiggy: The food delivery leader is picking up speed as a deliverydriven longterm business. A target of ₹400 is placed in the short term with a stop loss of ₹365, as the firm enjoys urban consumption patterns and digital tailwinds.
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Gold BeES ETF: As inflationary fears are being fueled by the IranIsrael tensions and rising crude prices, Gold BeES is being marketed as a hedge against market uncertainty. Gold has tended to perform well during periods of geopolitical uncertainty, and the case is no different now.
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Nifty Outlook: The index is capped between 24,200 and 24,450, and a breakout is not on the cards just yet. Investors must remain stockspecific and hedge portfolios if needed
In a market with worldwide jitters and domestic conservatism, this combination of Hero Moto, Swiggy, and Gold BeES provides a mix of growth, stability, and security.
Sources: Economic Times, Moneycontrol, MSN News
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