As the weak market sentiment continues Indian stock market continues to trade marginally lower. Last trading day Nifty 50 closed at 22,547. On the other hand, BSE was up by 147 points and closed at 74602. How will stocks perform today in the market? Let’s check Vaishali Parekh’s analysis and recommendations.
Stocks to Buy Today by Vaishali Parekh
According to Vaishali Parekh, the Nifty 50 is currently sluggish and will remain in 22,500 zone. If dropped more investors will have selling pressure. On the other hand, if crosses the 22,800 mark it will have a chance of moving upwards and closing at 23,000. What are the stocks that could give good returns in today’s market? Here is the list of stocks Vaishali Parekh recommends.
Stock Recommendation by Vaishali Parekh
1. Trent : Vaishali Parekh recommends purchasing Trend shares at Rs 4958 and target for Rs 5050. Do remember to keep a stop loss at Rs 4780.
2. Maruti Suzuki: the second recommendation of the day is Maruti Suzuki shares. Investors can purchase the stocks at Rs 12491 and aim for Rs 12800. Also, it is advised to keep a stop loss at Rs 12300.
3. Reliance Industries: According to Vaishali Parekh Reliance Industries shares can perform well today, You can buy shares at Rs 1203 and hope for a target price of Rs 1220 to sell. Also, keep a stop loss at Rs 1180.
All the information given above is for information purposes. Investors are advised to check with their certified analysts or experts before making any investment-related decisions.
