As investor sentiment turns positive, the Indian Stock Market is on the uptrend again. Yesterday, Nifty 50 gained 148 points and closed at 25,001.15. On the other hand, the BSE Sensex added 445 points and closed at 82,176. What are the stocks to buy today? Let’s check Vaishali Parekh and Sumeet Bagadia’s recommendation.
Stocks to Buy Today by Vaishali Parekh
1. IFCI: The first stock recommendation of the day is Industrial Finance Corporation of India, or IFC. You can purchase these shares at Rs 57 and aim to sell them at Rs 65 later. Do remember to keep a stop loss at Rs 54.
2. Jamna Auto: Another good stock to watch today is Jamna Auto. You can purchase these shares at Rs 92 and aim to sell them at a price of Rs 96. Also, remember to put a stop loss at Rs 90.
3. HUDCO: Vaishali Parekh’s last stock recommendation for today is HUDCO. Investors can purchase these shares at Rs 238 and sell at a target price of Rs 250. It is also advised that a stop loss be kept at Rs 232.
Stocks to Buy Today by Sumeet Bagadia
1. KEC International Ltd: The first recommendation of the day is KEC International. You can buy these shares at Rs 861.45 and later sell at a target price of Rs 992. Do remember to keep a stop loss at Rs 831.
2. Finolex Industries Ltd: The second stock on the recommendation list is Finolex Industries. You can purchase these shares at Rs 223.51 and sell at a target price of Rs 240. Make sure to have a stop loss set at Rs 215.
3. Gujrat Narmada Valley Fertilizers & Chemicals Ltd: The third stock on the recommendation list is GNFC or Gujrat Narmada Valley Fertilizers & Chemicals Ltd. You can buy these shares at Rs 546.4, and target to sell at Rs 585. Do remember to keep a stop loss at Rs 527.
4. Olectra Greentech Ltd: Another good stock to watch today is Olectra Greentech. Investors can purchase these shares at Rs 1,345.40 and later sell at a target price of Rs 1439. Do remember to keep a stop loss at Rs 1,298.
5. Modison Ltd: Sumeet Bagadia’s last recommendation for today is Modison Ltd. These shares can be purchased at Rs 147.35 and sold at a target price of Rs 158. Do remember to keep a stop loss at Rs 142.
Disclaimer: All the above recommendations are made by market analysts; India Hood does not recommend any buy or sell. Investors are strongly advised to consult with certified experts before any investment-related decision.
