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Benchmark BSE Sensex rebounded by 341 points on Monday, snapping its five-day losing streak following buying in banking stocks and a sharp rally in global shares.Stocks that were in focus include names like HAL, which rose 1.3% and BEL, which declined 0.06% and KPIT Tech, whose shares gained 3.2% on Monday.Here's what Viral Chheda, Sr Analyst and SSJ Finance and Securities, recommends investors should do with these stocks when the market resumes trading today.HALAfter making an all time high around 5618 in July 2024, stock has witnessed a Bear Run to make the low of 3045 odd levels. Price has given almost 46% downside move from its higher level of 5618 odd levels as bears were having upper hand over price.From the low of 3045 price has given some pull back and for the past few days moving above 20 DMA of 3365, we can see further upside from here. Moving above 3540 odd levels, further upside can be seen till 3800-4200. For the long term stock looks good and can be bought at every dip.The Stochastics Oscillator is moving in an upward trend along with an increase in volume indicating further upside move with limited downside risk. Hence one can buy at current level and more at dips of 3200 with stop loss of 3000 on weekly closing basis and upside can be seen till 4000-4500 in the coming 10-12 months.BELAfter making an all time high around 336 in July 2024, stock has given a sharp correction to make the low of 239 odd levels. Stock has given almost 29% downside move from its higher level of 336 odd levels as sellers were having full control over the price.After making double bottom around 239 price has given some upside move and currently trading around 280 odd levels. Price is currently facing resistance of 200 DMA around 290, once this level is taken out and it is closed above this level we can see sharp upside move till 330-350. For the long term stock looks good and can be bought at every dip.The Stochastics Oscillator is moving in an upward trend along with an increase in volume indicating further upside move with limited downside risk. Hence one can buy at current level and more at dips of 255 with stop loss of 235 on weekly closing basis and upside can be seen till 330-380 in the coming 10-12 months.KPIT TechAfter making multiple tops around 1920 in July 2024 price has given a sharp correction to make the low of 1142 odd levels. Price has given almost 40% downside move from its higher level of 1920 odd levels. Price is currently trading at its 52 weeks lower level and has made Lower Top Lower Bottom Channel.The price has made the low in their previous support zone and gave some pull back to move around 1250 odd levels. Price is currently moving in the range of 1140-1340, breakout from this range would give further 200-300 points move. Above 1340 odd levels, there would be a change in trend of the stock to upward trend. For the Long term stock looks good and can be bought at every dips.The stochastics oscillator is moving in the neutral zone along with an increase in volume indicating further upside from here. Hence one can buy at current level and more at dips of 1140 with stop loss of 1050 on weekly closing basis and upside can be seen till 1500-1700 in the coming 10-12 months.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 27% and 72% as per analysts’ price targets. TATA MOTORS BROKERAGE: HSBC Price Target: Rs 840 CMP: Rs 661 Upside: 27% Upgrade to buy; valuation looks reasonable after de-rating in the past three quarters Subsidiary JLR achieving fourth- quarter guidance—a re-rating trigger for stock Reduction in discounts, warrants cost in JLR and recovery in small commercial vehicle business key triggers for margin expansionVARUN BEVERAGES BROKERAGE: JM FINANCIAL Price Target: Rs 675 CMP: Rs 507 Upside: 33% Recent stock price decline overdone, and recent pessimism an entry point for long-term investors Superior execution, large opportunity size and net debt-free status provide confidence on earnings growth Current Price to Earnings (PE) ratio of 42 times estimated CY26 earnings still attractive considering the company's growth profile; better than FMCG peersKIRLOSKAR OIL ENGINES BROKERAGE: MOTILAL OSWAL Price Target: Rs 1,150 CMP: Rs 668 Upside: 72% Current stock price factoring in extreme pessimism related to growth and margins Stock price factoring in a bear case scenario of low growth and low valuation multiples of 20 times for the core business Demand slowdown, competitive intensity, higher costs for the B2C division, risk of further fund infusion into group firm Arka Fincap are the key risks

Mumbai: Bajaj Finserv has signed a binding agreement to acquire Allianz SE’s 26% stake in its life and general insurance ventures for ₹24,180 crore, ending a 24-year-old partnership.The buyout, priced at ₹13,780 crore for Bajaj Allianz General Insurance Company and ₹10,400 crore for Bajaj Allianz Life Insurance Company, will take the Bajaj Group’s holding from 74% to full ownership, the company said in a stock exchange filing on Monday.Allianz said it will explore “reinvestment of sale proceeds into potential new opportunities in India.” The deal, subject to approvals from Competition Commission of India and insurance regulator IRDA, may see Allianz receiving proceeds in multiple tranches.Under the structure, Bajaj Finserv will acquire 1.01% in each company, while promoter entities Bajaj Holdings & Investment and Jamnalal Sons will acquire the remaining.Both Cos to Independently Pursue Insurance Strategies Bajaj Finserv will purchase 1,113,295 general insurance shares at ₹4,808.24 per share and 1,522,161 life insurance shares at ₹2,654.12 per share.Following the acquisition, Bajaj Finserv will hold 75.01% of the total equity in both the insurance ventures. Bajaj Holdings & Investment and Jamnalal Sons will acquire 19.95% and 5.04%, respectively, bringing their collective stake to 24.99%, resulting in full ownership of both insurance companies by Bajaj Finserv and its promoter entities.After the termination of the joint ventures under the share purchase agreement, the Bajaj Group and Allianz plan to independently pursue their insurance strategies in India. “As the proceeds become available, Allianz will consider options for their deployment that support the company’s strategic ambitions, in particular the reinvestment of sale proceeds into potential new opportunities in India,” the company said in a release.Once the first tranche of at least 6.1% stake sale is completed, Allianz will shift from promoter to investor, marking the end of a long-standing partnership.“Together with Allianz, we have built two of the strongest insurance companies in India, with a combined premium exceeding ₹40,000 crore, while maintaining industry-best solvency margins,” said Sanjiv Bajaj, chairman and managing director of Bajaj Finserv. “Given the advantage of a single ownership in both companies, we are confident the acquisition will become a big driver of value for our stakeholders in the years to come.”In addition to Allianz’s stake in the insurance JVs, Bajaj will acquire the former’s entire 50% stake in Bajaj Allianz Financial Distributors for up to ₹12.5 crore.In FY24, Bajaj Allianz General Insurance reported a 33% growth in gross written premium to ₹20,630 crore, increasing its market share to 7.3%, from 6.4% in FY23. Despite a NATCAT (natural catastrophe) loss of ₹118 crore (before tax), profit after tax grew 15% to ₹1,550 crore and it maintained a combined ratio of 99.9. The insurer had a solvency ratio of 349%.At the same time, Bajaj Allianz Life Insurance’s individual rated new business premium rose 21% to Rs 6,326 crore, increasing its market share to 5.8%, from 5.0% in FY23. With an AUM of ₹1,09,829 crore, the firm recorded a solvency ratio of 432%.