Market Watch: Policybazaar Leads List of 6 Stocks with Buy Ratings for Thursday—Short-Term Upside Up to 12%

Investors eyeing short-term gains should keep a close watch on Thursday’s trading session, as analysts have placed buy recommendations on six promising stocks, including digital insurance platform Policybazaar. Experts project potential upsides of up to 12% over the coming weeks, citing strong technical and fundamental cues.

 

Key Highlights

 

•⁠  ⁠Policybazaar (PB Fintech): Analysts see robust growth prospects driven by digital adoption in insurance and improving financials. Target price suggests a 10-12% upside.

 

Other Buy Picks:

 

•⁠  ⁠Tata Motors: Riding on strong EV sales and global demand, with a projected 8-10% upside.

 

•⁠  ⁠HDFC Bank: Stable asset quality and retail loan growth position it for a 6-8% gain.

 

•⁠  ⁠Larsen & Toubro (L&T): Infrastructure order wins support a 7-9% rally.

 

•⁠  ⁠Bharti Airtel: Continued ARPU growth and 5G rollout could deliver 6-8% returns.

 

•⁠  ⁠ICICI Lombard: Strong underwriting and premium growth forecast a 7-9% upside.

 

•⁠  ⁠Technical indicators like moving averages and RSI signal bullish momentum across these picks.

 

Outlook

 

With positive market sentiment and sectoral tailwinds, these stocks offer attractive entry points for short-term traders. However, investors are advised to set stop-losses and monitor macro cues for volatility.

 

Source: ET Markets, Moneycontrol, CNBC TV18