From mint · Asit Manohar · · 1m 10s
CAMS CDSL Geojit: Buy or hold?
Capital market stocks rise 4% as experts recommend CAMS for high ROE investors and CDSL for long-term gains.
In brief
Capital market stocks rise 4% as experts recommend CAMS for high ROE investors and CDSL for long-term gains. CAMS and CDSL shares rose 4% Thursday with experts advising CAMS for high ROE mutual fund investors and CDSL for long-term growth. Originally reported by mint.
Capital market stocks rise
Capital market stocks witnessed strong buying during Thursday session with shares rising up to 4%.
CDSL share performance
CDSL shares opened at ₹1416 and touched ₹1461 intraday high, recording over 4% rise.
CAMS share performance
CAMS shares opened at ₹723.50 and touched ₹755.30 intraday high on NSE.
Investment strategy for long-term
Experts recommend CDSL for long-term investors due to monopoly business and rising demat account holders.
Investment strategy for high ROE
Experts recommend CAMS for investors seeking high ROE and mutual fund tailwinds.
CDSL technical target
CDSL target price ₹1550 with stop-loss at ₹1388 after breaking resistance at ₹1480.
CAMS technical target
CAMS target price ₹800 with stop-loss at ₹735 after breaking resistance at ₹770.
What it means
CAMS and CDSL shares rose 4% Thursday with experts advising CAMS for high ROE mutual fund investors and CDSL for long-term growth.
