The losing streak continues in the Indian Stock Market. Yesterday, the Nifty 50 lost 211.15 points and settled at 24500.90, that is a 0.85% drop. On the other hand, the Sensex also declined by 705.97 points and closed at 80080.57. What are the good and safe stocks to invest in today? Let’s check what experts like Vaishali Parekh and Sumeet Bagadia are suggesting.
Stocks to Buy Today by Vaishali Parekh
1. Rico Auto Industries: The first stock on the recommendation list is Rico Auto Industries. These shares can be purchased for Rs 90.40 and later sold for Rs 95. Make sure to have a stop loss at Rs 88.
2. Ramkrishna Forgings: Another good stock to watch today is Ramkrishna Forgings. Investors can purchase these shares for an entry price of Rs 572.80 and sell them for Rs 600 later. It is also recommended to have a stop loss at Rs 560.
3. Gokul Agro Resources: The last stock on the recommendation list by Vaishali Parekh today is Gokul Agro Resources. It can be purchased for Rs 331.35 and later sold for Rs 345. Make sure to have a stop loss at Rs 324.
Stocks to Buy Today by Sumeet Bagadia
1. Goodluck India: The first stock on the recommendation list is Goodluck India. You can purchase these shares for an entry price of Rs 1159 and later sell them for Rs 1245. Make sure to have a stop loss at Rs 1120.
2. Waree Energies: The second stock on the recommendation list is Waree Energies. Investors can buy these shares for an entry price of Rs 3417 and target to sell for Rs 3670. It is also suggested to have a stop loss at Rs 3300.
3. Thirumalai Chemicals: The third stock on the list is Thirumalai Chemicals. It can be purchased at Rs 297 and later sold for a target price of Rs 320. Make sure to have a stop loss at Rs 288.
4. Sudarshan Chemicals: Another good stock to watch today is Sudarshan Chemicals. These shares can be purchased for an entry price of Rs 1500 and later sold for a target price of Rs 1616. It is also suggested to have a stop loss at Rs 1444.
5. Sundram Fasteners: The last stock on the recommendation list today by Sumeet Bagadia is Sundram Fasteners. Investors can purchase these shares for an entry price of Rs 1020 and later sell them for Rs 1090. Do remember to have a stop loss at Rs 980.
Disclaimer: All the information mentioned above is from individual analysts or broking companies. Indiahood does not give any advice. Make sure to consult with certified experts before taking any investment-related decisions. This Article is for educational purposes only.
