Slideshow | Brokerages bet on these 6 stocks with 14-40% upside

Sensex and Nifty rebounded from their respective lows and ended near day's high level on April 30. The S&P BSE Midcap index closed 1.1 percent lower while the S&P BSE Smallcap index was down 1.27 percent. Among sectors, Nifty PSU Bank declined more than 3 percent, while Metal and IT gained more than 1 percent each. Here are the top six stock ideas from brokerages which could give 14-40 percent return in medium to long term:

Orient Cement | Brokerage: Elara Capital | Rating: Buy | CMP: Rs 106.95 | Target: Rs 150 | Upside: 40 percent

Tata Steel | Brokerage: ICICIdirect | Rating: Buy | CMP: Rs 556.45 | Target: Rs 635 | Upside: 14 percent

HDFC Life Insurance | Brokerage: Prabhudas Lilladher | Rating: Buy | CMP: Rs 404.10 | Target: Rs 465 | Upside: 15 percent

Maruti Suzuki | Brokerage: KR Choksey | Rating: Buy | CMP: Rs 6,658.70 | Target: Rs 7,984 | Upside: 20 percent

Cyient | Brokerage: Anand Rathi | Rating: Buy | CMP: Rs 588.10 | Target: Rs 700 | Upside: 19 percent

Tata Elxsi | Brokerage: KR Choksey | Rating: Buy | CMP: Rs 930.25 | Target: Rs 1,200 | Upside: 29 percent