RIL, HDFC Bank among top six buying ideas with 9-36% upside

On April 22, Sensex finished 495 points lower at 38,645.18 and Nifty shed 158.30 points at 11,594.50.

Indian indices ended lower on April 22 with Nifty and Sensex falling more than 1 percent due to a selling pressure seen in the energy, metal, pharma, bank and auto stocks, while IT stocks witnessed some buying. Sensex finished 495 points lower at 38,645.18 and Nifty shed 158.30 points at 11,594.50. Here are the top six buying ideas from the brokerages with an upside of 9-36 percent in 9-12 months:

HDFC Bank | Brokerage: Prabhudas Lilladher | Rating: Buy | CMP: Rs 2,268.25 | Target: Rs 2,700 | Upside: 19 percent

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