Nilesh Jain, VP at Centrum Broking Ltd., recommends buying Tata Consumer Products with a stop loss of Rs 1,085 and a target price of Rs 1,151.
Tata Consumer Products, formed through a merger in 2020, operates in the food and beverages industry with a significant revenue split between India and international markets.
Jain also suggests buying Cummins India with a stop loss of Rs 3,655 and a target price of Rs 3,540, describing it as a leading provider of integrated power solutions in India.
The article discusses India's benchmark indices' recent performance and foreign investors' activities in the market.