Sharekhan betting on these 5 BSE500 stocks for an upside of up to 30%

Stocks

IT and insurance sectors are evenly poised in Sharekhan’s picks

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The Indian market remained under selling pressure on the morning of January 20 after benchmark indices lost 2 percent in the last two sessions amid weak global cues. Brokerage firm Sharekhan, however, is bullish on these five stocks with an upside of up to 30 percent.

Larsen and Toubro Infotech | Rating: Buy | Target: Rs 8,100 | LTP: Rs 6,798 | Upside: 19 percent

Larsen and Toubro Infotech | Rating: Buy | Target: Rs 8,100 | LTP: Rs 6,798 | Upside: 19 percent

ICICI Prudential Life Insurance | Rating: Buy | Target: Rs 754 | LTP: Rs 578 | Upside: 30 percent

ICICI Prudential Life Insurance | Rating: Buy | Target: Rs 754 | LTP: Rs 578 | Upside: 30 percent

ICICI Lombard General Insurance | Rating: Buy | Target: Rs 1,750 | LTP: Rs 1,340 | Upside: 30 percent

ICICI Lombard General Insurance | Rating: Buy | Target: Rs 1,750 | LTP: Rs 1,340 | Upside: 30 percent

Tata Elxsi Ltd.

Tata Elxsi | Rating: Buy | Target: Rs 8,160 | LTP: Rs 7,283 | Upside: 12 percent

L&T Technology Services | Rating: Buy | Target: Rs 6,350 | LTP: Rs 5,110 | Upside: 24 percent

L&T Technology Services | Rating: Buy | Target: Rs 6,350 | LTP: Rs 5,110 | Upside: 24 percent

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