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Market Experts Advise: Buy Kotak Bank, Sell L&T, UltraTech Cement, ONGC
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CNBC TV18•01-10-2026, 12:51
Market Experts Advise: Buy Kotak Bank, Sell L&T, UltraTech Cement, ONGC
  • •Manish Hathiramani recommends selling Larsen & Toubro with a target price of ₹3,500 and UltraTech Cement with a target price of ₹9,900.
  • •Ajit Mishra suggests buying Kotak Mahindra Bank with a target range of ₹445-₹450 and selling Oil and Natural Gas Corporation (ONGC) with a target price of ₹210.
  • •Sacchitanand Uttekar advises buying Persistent Systems with a target price of ₹5,540 and InterGlobe Aviation with a target price of ₹5,220.
  • •Analysts provide specific stop-loss levels for all recommended trades to manage risk.
  • •The recommendations are for short-term trades, with current stock prices and recent performance noted for each company.

Key Questions Answered

Manish Hathiramani recommended selling Larsen & Toubro with a stop-loss of ₹3,950 and a target price of ₹3,500, and selling UltraTech Cement with a stop-loss of ₹11,050 and a target price of ₹9,900.

Ajit Mishra recommended buying Kotak Mahindra Bank with a stop-loss of ₹414 and a target range of ₹445-₹450, while recommending to sell ONGC with a stop-loss of ₹228 and a target price of ₹210.

Sacchitanand Uttekar recommended buying Persistent Systems with a stop-loss of ₹5,280 and a target price of ₹5,540, as well as InterGlobe Aviation with a stop-loss of ₹4,930 and a target price of ₹5,220.