SBI to Reliance: IIFL Securities recommends these 5 stocks to buy this week
Live MintStocks to buy this week: Following weak global cues on renewed fear of UN inflation, Dalal Street ended three days winning streak on Friday last week. IIFL Securities stock recommendations Asked about stocks to buy today that can give attractive returns this week, Anuj Gupta of IIFL Securities listed out the following five stocks: 1] State Bank of India or SBI: SBI share price is standing at technical support and looking poised for a strong bounce back, said Anuj Gupta. "One can initiate momentum buy at CMP for the weekly target of ₹2,490 apiece maintaining stop loss at ₹2,375 levels," said Anuj Gupta. Anuj Gupta of IIFL Securities suggested positional investors to buy Wipro shares at current market price for weekly target of ₹440 but advised strived strict stop loss at ₹389. So, one can buy Coal India shares at current market price for weekly target of ₹230 apiece maintaining stop loss at ₹209 levels.