Yesterday, the Indian Stock Market saw a positive growth for the seventh consecutive day. Sensex gained 521 points and ended at 80,116.49, that is 0.65% up. On the other hand, Nifty 50 also gained 162 points and closed at 24,328.95. How will the market go today? What are the stocks that have the potential to break out? Check recommendations by experts like Vaishali Parekh and Sumeet Bagadia.
Stocks to Buy Today by Vaishali Parekh
1. Hero Motocorp: The First Recommendation of the day is Hero MotoCorp. You can purchase these shares at Rs 3,951 and aim to sell at a target price of Rs 4,200. Do remember to keep a stop loss at Rs 3850.
2. GMR Airports: Another good stock that can break out today is GMR Airports. You can buy these shares at Rs 87.80 and target to sell at Rs 93. There should be a stop loss at Rs 85.
3. IRCTC: The last recommendation for today by Vaishali Parekh is IRCTC. Investors can buy IRCTC at Rs 784 and target to sell at Rs 810. Investors are also advised to keep a stop loss at Rs 770.
Stocks to Buy Today by Sumeet Bagadia
1. Inox Wind: The First Recommendation of the day is Inox Wind. You can buy these shares at Rs 174.55 and aim to sell them at Rs 187. Do remember to put a stop loss at Rs 168.
2. CG Power and Industrial Solutions: The second recommendation of the day is CG Power and Industrial Solutions. You can purchase these shares at Rs 660.15 and target to sell at Rs 706. Also, do not forget to keep a stop loss at Rs 637.
3. EIH: Another good stock that can break out today is EIH. Investors can purchase these shares at Rs 394 and aim to sell at a price of Rs 422. It is also advised to keep a stop loss at Rs 380.
4. Acme Solar Holdings: The second-to-last recommendation of the day is Acme Solar Holdings. These shares can be bought at Rs 223.19 and sold at a target price of Rs 239. Do remember to keep a stop loss at Rs 215.
5. SBFC Finance: The last recommendation for today by Sumeet Bagadia is SBFC Finance. These shares can be bought at Rs 108.26 and sold at a target price of Rs 117. Also, do remember to keep a stop loss at Rs 104.
All the recommendations given above are from individual experts. Indiahood does not provide any recommendations. Investors are strongly advised to consult certified experts before making any investment-related decisions.