Traders' Favourite - IFCI
Ali On Content / 08 Jun 2009
The counter has always been traders' favourite, and it has also attracted huge investors’ interest in the past. Thus, investors can take exposure in the counter with one to two months’ perspective.
IFCI
BSE: 500106
CMP: 53.70
Volume: 21869583
The banking and finance stocks were badly hit in the last meltdown. However, the counter in the last one month has put up fantastic performance on the bourses where its market price surged by more than 113 per cent. A derivative strategist has given a buy call on the counter with a price target of Rs 64. The counter has always been traders' favourite, and it has also attracted huge investors’ interest in the past. Thus, investors can take exposure in the counter with one to two months’ perspective.
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