InvestorQ : What is your view on buying stocks of Paytm, Policybazaar and Nyka at current market prices?
ishika Banerjee made post

What is your view on buying stocks of Paytm, Policybazaar and Nyka at current market prices?

Answer
image
diksha shah answered.
5 months ago
Follow

My theme for the day and for the next few weeks is digital. Many of the digital stocks have come under pressure due to the impact of anchor selling. That has given opportunities with a lot of hot digital properties available at a price of nearly 35-40% below their issue prices. That is an opportunity for investors to start adding up on these stocks.

One stock you can look to accumulate is Nykaa or FSN E-Commerce around the Rs.2,100 levels for targets of Rs.2,500. You can also pick up Paytm at Rs.1,350 levels for targets of Rs.1750. Even PB Fintech of Policybazaar fame can be bought at Rs.1,100 for targets of Rs.1,400 in the short term. All the stocks are much cheaper than their issue prices.

392 Views