Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become the growth industry of all time. Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face with the downside of AI. And it looked and sounded just like him.
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Stocks that were in focus include names like Ajanta Pharma which was up more than 6%, BHEL closed with gains of more than 4% and Hindustan Zinc closed with gains of more than 9% on Friday. 💰Ajanta Pharma: Buy| Target Rs 2700| Stop Loss Rs 2250 💰BHEL: Book partial profits 💰Hindustan Zinc: Buy| Target Rs 540| Stop Loss Rs 370.
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The Nifty index is showing signs of near-term bearishness as it forms a double top pattern on the daily chart, coupled with a bearish engulfing candle. Stocks to buy 📌Dr. Reddy: Buy at ₹6330 | Target Price: ₹6600/6900 | Stop Loss: ₹6100 📌Fortis: Buy at ₹450 | Target Price: ₹480/500 | Stop Loss: ₹430 📌TAJ GVK Hotels and Resorts: Buy at ₹400 | Target Price: ₹435/450 | Stop Loss: ₹385
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