Expert Recommends Stocks You Can Gift To Parents For Retirement. Kotak Mahindra Bank & HDFC Bank
- Updated Oct 16, 2024 6:27 PM IST
Best Stocks to Gift: Expert Picks for Long-Term Investment on Our Daily Calls Show. In today's episode of Daily Calls, where we answer market and stock-related queries from retail investors like you, a viewer asked for two stock recommendations to gift to his parents on their 25th anniversary. Market expert Kiran Jani, Head of Technical Research at Jainam Broking, suggested two private banking stocks with strong long-term prospects: Kotak Mahindra Bank and HDFC Bank. He highlighted that both stocks are currently in a breakout zone. For Kotak Mahindra Bank, he recommended a stop loss (SL) of ₹1,800 and a target price (TP) of ₹2,000-₹2,200 in the near term. For HDFC Bank, he set a target price of ₹2,000 in the near term. Watch the full video to understand why these stocks could make excellent long-term investments!
