BTST

BUY BHEL

CMP 299
SL 293
TGT 310

Estimated Profit 4%

Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on https://onlinetrade.motilaloswal.com/emailers/Disclaimer_SRSA/ResearchDisclosure.pdf

Conviction Delivery Idea

BUY GMRINFRA

CMP 84
SL 80
TGT 93

Estimated Profit 11%

Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on https://onlinetrade.motilaloswal.com/emailers/Disclaimer_SRSA/ResearchDisclosure.pdf

Conviction Delivery Idea

BUY SJVN

CMP 133
SL 128
TGT 144

Estimated Profit 8%

Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on https://onlinetrade.motilaloswal.com/emailers/Disclaimer_SRSA/ResearchDisclosure.pdf

Conviction Delivery Idea

BUY LICI

CMP 921
SL 878
TGT 1007

Estimated Profit 9%

Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on https://onlinetrade.motilaloswal.com/emailers/Disclaimer_SRSA/ResearchDisclosure.pdf

Conviction Delivery Idea

BUY HINDCOPPER

CMP 375
SL 358
TGT 408

Estimated Profit 9%

Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on https://onlinetrade.motilaloswal.com/emailers/Disclaimer_SRSA/ResearchDisclosure.pdf

Conviction Delivery Idea

BUY NHPC

CMP 96
SL 90
TGT 110

Estimated Profit 14%

Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on https://onlinetrade.motilaloswal.com/emailers/Disclaimer_SRSA/ResearchDisclosure.pdf

*3️⃣Things That Will Decide The Market Today 📈***

🔴 GIFT NIFTY opened 16 points lower at 22,589 signalling that the Indian stock market is headed for a negative start today.

🔴 U.S. stock indexes rose for the third consecutive session on Monday, fueled by optimism over potential interest rate cuts by the Federal Reserve. Initial concerns about inflation dampened expectations, leading to market declines in April.

🔴 The volatility index - India VIX increased by 13.56% to the levels of 16.60 indicating increased volatility in the market.

**Motilal Oswal's Daily Fundamental and Technical Picks

Fundamental Picks (for more than a year)**
1) KEI Ind - Target - 5000 (32%)
2) L&T - Target - 4400 (27%)
3) ICICI Lombard - Target - 2100 (25%)
4) Bharti Airtel - Target - 1570 (22%)
5) JSW Infra - Target- 300 (20%)

Technical Pick (for 2-3 days)

United Spirits

Previous Close - 1232
Target - 1300
Potential Upside - 5%

*3️⃣Things That Will Decide The Market Today 📈***

🔴 GIFT NIFTY opened 8 points lower at 22,685 signalling that the Indian stock market is headed for a negative start today.

🔴 Stocks worldwide went up and Treasury yields went down on Friday after a U.S. jobs report showed slower growth than anticipated. This eased worries about the Federal Reserve keeping interest rates high for longer. Nonfarm payrolls increased by 175,000, the lowest since October 2023, missing economists' forecast of 243,000 in a Reuters poll.

🔴 The volatility index - India VIX increased by 8.72% to the levels of 14.62 indicating increased volatility in the market.

**Motilal Oswal's Daily Fundamental and Technical Picks

Fundamental Picks (for more than a year)**

1) KEI Ind - Target - 5000 (28%)
2) L&T - Target - 4400 (28%)
3) ICICI Lombard - Target - 2100 (25%)
4) Bharti Airtel - Target - 1570 (23%)
5) JSW Infra - Target- 300 (16%)

Technical Pick (for 2-3 days)

Coal India

Previous Close - 474
Target - 500
Potential Upside - 5%

Conviction Delivery Idea

BUY NTPC

CMP 98
SL 93
TGT 108

Estimated Profit 4%
Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on https://onlinetrade.motilaloswal.com/emailers/Disclaimer_SRSA/ResearchDisclosure.pdf

BTST

BUY IREDA

CMP 178
SL 175
TGT 183

Estimated Profit 3%

Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on https://onlinetrade.motilaloswal.com/emailers/Disclaimer_SRSA/ResearchDisclosure.pdf