On Monday the Indian Stock Market again lost more than 800 points. This is because of the rising concerns of a potential tariff war between US and other major nations. The Nifty 50 index closed 1.06% lower and BSE Sensex closed 1.14% lower. How will the marker perform today? what are the stocks which have the potential to give good returns today.
Stocks to Buy Today by Vaishali Parekh
Vaishali Parekh, vice president of technical research at Prabhudas Liladhar say, Nifty 50 has dropped below 22,800 which was crucial support. It can find support at 22,400 point, Also Bank Nifty is likely to stay within 48,200 to 49,000 range. Also, she recommended some stocks which might perform well in today’s market. Let’s check out the recommendation list.
Stock Recommendation by Vaishali Parekh
1. CESC Ltd or CESC: According to Vaishali Parekh one of the best stocks to buy today is CESC at Rs 137. It can be sold at a target price of Rs 143. Also, remember to put a Stop Loss at Rs 133.
2. Hero MotoCorp Ltd: Hero is well known for its two-wheeler business in India. for 25th February Hero MotoCorp shares are a good option to buy at Rs 3890. The target price will be Rs 4050 and investors should keep a stop loss at Rs 3800.
3. Can Fin Homes Ltd: The third share on the recommendation list is Can Fin Homes Ltd. This could be bought at Rs 605 with a target price of Rs 630. Do remember to keep a stop loss at Rs 590.
All the recommendation and information given is the individual’s view. Investors are advised to consult with their registered analyst or expert before making any investment-related decision.
