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CNBC Awaaz20-01-2026, 20:32

Ola Electric, Concor: Expert Advice Amidst Market Downturn; Tata Consumer Buy Call

  • Domestic stock market experienced a sharp decline, with Nifty falling over 350 points.
  • Arun Kumar Mantri of Mantri Finmart provided expert analysis on Ola Electric and Container Corporation of India (Concor).
  • He advised investors to exit Ola Electric on bounces, fearing a drop to 24-25 levels, as the stock returned to promoter selling prices.
  • For Concor, Mantri suggested exiting on bounces if at a loss, citing a weak chart and potential further decline, with a stop loss at 482.
  • A buy recommendation was given for Tata Consumer Products around 1185, with a stop loss of 1171 and targets up to 1232 for Wednesday's trade.

Why It Matters: Amidst market decline, experts advise exiting Ola Electric and Concor on bounces, while recommending Tata Consumer Products.

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