Nifty heading towards all time high Reliance TCS can make money
According to brokerage firm ICICI Direct, the Nifty may hit an all-time high in June. It can cross the barrier of 18,500 and once again go to the lifetime high of 18,900. The brokerage says that Kotak Mahindra Bank, Axis Bank, SBI, IDFC First Bank, L&T Finance and Mahindra & Mahindra will enter the BFSI sector next month. A lot of growth can be seen in the shares of Finance (M&M Finance). Similarly, in PSU stocks, Hindustan Aeronautics, BEL (BEL), Coal India (Coal India), ONGC (ONGC), Indian Oil Corp (Indian Oil Corp), NALCO (NALCO) and PFC (PFC) bet. May go.
Which stocks will rise
According to the brokerage, shares of Tata Motors, Maruti, JK Tires, Mahindra CIE can do wonders in the auto sector. Reliance Industries, TCS, MindTree, HCL Tech, Persistent Systems, Newgen Software and BirlaSoft in the telecom and IT sector. Bets can be placed. In the consumption and retail segment, keep an eye on ITC, Marico, Titan, Astral, Trent, Havells and United Spirits.