Trade Spotlight | What to do with Tata Motors, Titan, Oberoi Realty stocks?

Trade Spotlight | What to do with Tata Motors, Titan, Oberoi Realty stocks?

Here's what Shrikant Chouhan of Kotak Securities, recommends investors should do with these stocks when the market resumes trading today.





Sunil Shankar Matkar









October 08, 2021 / 07:56 AM IST





The strong rebound following positive global cues and decline in crude oil prices on October 7 helped the market recover nearly 90 percent of loss seen in the previous session, ahead of interest rate decision by the Monetary Policy Committee scheduled later today.

The BSE Sensex strongly closed above 59,600 mark with nearly 500 points gains, and the Nifty50 gained around 140 points to close near 17,800, supported by auto, realty, IT and private banks.

The Nifty Midcap 100 and Smallcap 100 indices added 1.88 percent and 1.22 percent respectively, outperforming frontliners.

Stocks that were in focus included jewellery-watch-to-eyewear maker Titan Company hit a fresh record high of Rs 2,384.25, before closing with gains of 10.6 percent at Rs 2,375.35 and was the second biggest gainer in the F&O segment, while automobile company Tata Motors was the star performer in the Nifty50 with 12.04 percent gains at Rs 376.50 which hit a fresh 52-week high of Rs 383.

Mumbai-based real estate firm Oberoi Realty was