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If you’re tracking the markets this week, keep an eye on UPL and Chennai Petroleum Corporation. According to a recent report by Bajaj Broking Research, both stocks show strong potential for short-term gains.
The brokerage suggests buying UPL in the โน670โโน690 range, with a target price of โน747. The stock has been showing steady momentum, supported by positive market sentiment.
For Chennai Petroleum, the recommended buy range is โน700โโน720, aiming for a target of โน787. Analysts point to strong fundamentals and improving performance in the oil & gas sector as key drivers.
This comes as the Nifty 50 touched a new nine-month high of 25,669, driven by broad-based market participation and growing investor confidence.
Note: These are expert suggestions, not financial advice. Always do your own research or talk to a professional before investing.