Somil Mehta of Mirae Asset ShareKhan recommended buying Infosys and selling DLF and Cholamandalam Investment and Finance Company on June 2, 2026 [1], [2].
These recommendations provide retail investors with specific entry and exit strategies during a volatile market period. By establishing target prices and stop-loss levels, the firm aims to mitigate risk for traders executing these specific plays.
Mehta, who serves as the head of retail research at Mirae Asset ShareKhan, identified Infosys as a primary stock to buy [1], [2]. The recommendation includes a designated price range for entry and a target price for potential profit realization, which are standard metrics used to gauge the upside of a security.
Conversely, the research head issued sell calls for two other major entities [1], [2]. DLF and Cholamandalam Investment and Finance Company were both flagged as stocks to sell. Along with the sell recommendation, Mehta provided stop-loss levels to protect investors from further downside should the market move against the position.
Retail research firms typically update these lists daily to reflect shifting market sentiment and technical indicators. The inclusion of stop-loss levels is a risk management tool designed to automatically trigger a sale if a stock hits a certain price, preventing larger losses.
Investors are advised to review the specific target prices and price ranges associated with these calls to ensure their trades align with the firm's technical analysis [1], [2].
“Somil Mehta identified Infosys as a primary stock to buy.”
These recommendations reflect a tactical shift in sector preference, favoring the technology sector via Infosys while reducing exposure to real estate and financial services. The emphasis on stop-loss levels suggests a cautious approach to risk management in the Indian market on this specific trading day.
