As the US imposed a 25% tariff on India, the Indian Stock Market has become very cautious. On 1st August, the Sensex declined by 586 points and ended at 80599.91. On the other hand, the Nifty 50 also saw a decline of 203 points and settled at 24565.35. What are the good stocks to buy today? Let’s check Vaishali Parekh and Sumeet Bagadia’s recommendations.
Stocks to Buy Today by Vaishali Parekh
1. Transformers and Rectifiers: The first stock on the recommendation list today is Transformers and Rectifiers. You can purchase these shares at Rs 518 and later sell for Rs 550. Do remember to keep a stop loss at Rs 505.
2. Ambuja Cements: Another good stock to watch today is Ambuja Cements. You can buy these shares at an entry price of Rs 610 and target to sell for Rs 635 later. Make sure to have a stop loss at Rs 600.
3. Bharti Airtel: The last stock on the recommendation list by Vaishali Parekh today is Bharti Airtel. Investors can purchase these shares at Rs 1878 and later sell for Rs 1900. Do remember to have a stop loss at Rs 1830.
Stocks to Buy Today by Vaishali Parekh
1. Radico Khaitan: The first stock on the recommendation list is Radico Khaitan. You can purchase these shares at Rs 2838.80 and later target to sell at Rs 3030. Do remember to keep a stop loss at Rs 2727.
2. Supreme Petrochem: Another good stock to watch today is Supreme Petrochem. Investors can purchase these shares at an entry price of Rs 834, with and target to sell for Rs 895 later. It is also advised to have a stop loss at Rs 805.
3. Advanced Enzyme Technologies: The third stock on the recommendation list is Advanced Enzyme Technologies. You can buy these shares at Rs 360.35 and later target to sell at Rs 385. Do remember to have a stop loss at Rs 347.
4. Cupid: The fourth stock on the recommendation list today is Cupid. These shares can be bought at an entry price of Rs 158.21 and later sold for a target price of Rs 170. It is also advised to have a stop loss at Rs 151.50.
5. Best Agrolife: The last stock on the recommendation list by Sumeet Bagadia is Best Agrolife. Investors can choose to purchase these shares for Rs 512.35 and later sell it for Rs 555. Do remember to keep a stop loss at Rs 493.
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.
