Stocks to Buy Today

Shriram Transport Finance Corporation is showing continuation from that large range day we had- Buy Shriram Transport Finance Corporation with a stop loss of Rs 1,120, target of Rs 1,175.

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Aditya Birla Nuvo is now slowly pushing on the upside along with Arvind- Buy Aditya Birla Nuvo with a stop loss of Rs 1,000, target of Rs 1,065.

Hindustan Unilever heavy weights are looking fairly weak- Sell HUL with a stop loss of Rs 830, target of Rs 805.

Reliance is hanging around the 200-day average and unable to rally significantly on any given day. This is one of the stocks that comes under pressure once global markets turn down.- Sell Reliance with a stop loss of Rs 990, target of Rs 965.

Equity Tips: Nalco Buy Back 25% shares from Government

"Nalco has consented to purchase back 25 percent of its shares from the government," Mines Secretary Balvinder Kumar said.

As indicated by sources, the government is hoping to raise around Rs 3,250 crore by offering 25 percent of its shares to Nalco. The government was planning to sell 10 percent stake in Nalco to raise about Rs 1,300 crore yet volatile markets have crashed its plans. 

Equity Experts Advice  

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NALCO Stock Cost: On May 03, 2016, at 09:30 hrs National Aluminum Company was citing at Rs 47.95, up Rs 1.60. The 52-week high of the share was Rs 50.90 and the 52-week low was Rs 28.00. 

The organization's trailing 12-month (TTM) EPS was at Rs 3.41 for every share according to the quarter finished December 2015. The stock's price-to-earnings (P/E) ratio was 14.06. The most recent book estimation of the organization is Rs 49.66 for every share. At current esteem, the cost to-book estimation of the organization is 0.97.