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India's mutual funds joined the list of investors who bet on a flurry of IPOs that came out in the month of August, while increasing their holding in select largecaps and trimming their stake in some as well, according to the latest data released by Prime Database. Here's a look at what they bought and sold in the month gone by.
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CNBC TV18•08-10-2026, 09:31
Analysts Reveal Top Trading Ideas: Buy Persistent, BSE and MCX, Sell Hindalco
  • •Sacchitanand Uttekar of Tradebulls recommends buying Persistent Systems with a target of ₹5,800 and a stop-loss of ₹5,520.
  • •Uttekar also suggests buying ICICI Lombard General Insurance with a target price of ₹1,700 and a stop-loss of ₹1,596.
  • •Mitessh Thakkar of Bonanza Portfolio advises buying Motilal Oswal Financial Services with a target of ₹1,130 and a stop-loss at ₹1,040.
  • •Exchange operators BSE and MCX are recommended as buys, with respective targets set at ₹3,500 and ₹3,425.
  • •Thakkar recommends selling Hindalco Industries with a downside target in the ₹875-870 range and a stop-loss at ₹930.
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Key Questions Answered

Sacchitanand Uttekar from Tradebulls recommended buying Persistent Systems with a stop-loss of ₹5,520 and a target of ₹5,800, and buying ICICI Lombard General Insurance with a stop-loss of ₹1,596 and a target of ₹1,700.

Mitessh Thakkar recommended buying exchange operators BSE with a stop-loss of ₹3,290 and a target of ₹3,500, and MCX with a stop-loss of ₹3,329 and a target of ₹3,425. On the bearish side, he advised selling Hindalco Industries with a stop-loss of ₹930 and a downside target range of ₹875-870.

Mitessh Thakkar recommended buying Motilal Oswal Financial Services with a designated stop-loss at ₹1,040 and a target price of ₹1,130.

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