Sensex-Nifty is looking flat amid volatility. Pressure is being seen in mid-smallcap stocks. Midcap index reached the lowest level of the day. Midcap index has slipped by about 550 points. On the other hand, smallcap index has slipped by more than 1.5%. Meanwhile, UltraTech's entry in cable business has caused a short circuit in cable & wire stocks. Polycab has fallen by 15%. KEI, Havells, Finolex and RR KABEL have fallen by up to 10%. The market did not like UltraTech's entry in cable and wire. The stock fell by 4% and became the top loser of Nifty. Banking and NBFCs saw a strong rally due to reduction in risk weightage by RBI. Bandhan Bank became the top gainer with a jump of 7%. RBI Bank will also trade 4% higher. On the other hand, L&T FINANCE, Chola and Shriram Finance in NBFCs have run up by 4 to 5%. In such a situation, amid this market movement, market giants are advising to bet on those stocks where huge profits can be made.

Manas Jaiswal's Choice

LIC (FUT)- Manas Jaiswal is bearish on LIC shares. He believes that this stock should be sold with a stop loss of Rs 766. A target of Rs 735 will be seen in this stock.

Picks by Prakash Gaba of prakashgaba.com

Havells: Prakash Gaba seems bullish on Havells stock. He believes that buying this stock with a stoploss of Rs 1530 is advisable. A target of Rs 1570-1580 will be seen in this stock

Rachana Vaidya's Choice

Godrej Properties (FUT)- Rachna Vaidya is looking bearish on the stock of Godrej Properties. She believes that this stock should be sold with a stop loss of Rs 2010. A target of Rs 1970-1950 will be seen in this stock.

Ashish Baheti's Choice

Nestle India – Ashish Baheti is bullish on Nestle India shares. He believes that buying this stock is advisable with a stop loss of Rs 2210. A target of Rs 2290-2350 will be seen in this stock.

Rajesh Satpute's Choice

Colgate (FUT)- Rajesh Satpute is bullish on Colgate shares. He believes that buying this stock is advisable with a stop loss of Rs 2490. A target of Rs 2580-2600 will be seen in this stock.

Amit Seth's Choice

Ashok Leyland- Amit Seth seems bullish on Ashok Leyland shares. He believes that buying this stock is advisable with a stoploss of Rs 223. A target of Rs 235 will be seen in this stock.

Stock Market: HPCL, Godrej Consumer will see a boom, action will also be seen in these stocks

(Disclaimer: The views expressed on Moneycontrol.com are the personal views of the experts. The website or management is not responsible for the same. Moneycontrol advises users to seek advice from certified experts before taking any investment decision.