Last week, the Indian Stock Market made some gains after some volatility in the market. Nifty 50 was up by 243 points and closed at 24,853. Whereas the BSE Sensex was up by 769 points and closed at 81,721. What are the stocks that could give good returns? Let’s check Vaishali Parekh, Sumeet Bagadia’s recommendations.
Stocks to Buy Today by Vaishali Parekh
1. Jindal SAW: The first recommendation of the day is Jindal SAW. You can purchase these shares at Rs 216 and target to sell at a target price of Rs 225. Do remember to keep a stop loss at Rs 210.
2. MMTC: Another stock to watch today is MMTC. You can buy these shares at Rs 64 and target to sell at Rs 70. Make sure to have a stop loss at Rs 60.
3. Chambal Fertilisers and Chemicals: Vaishali Parekh’s last recommendation of the day is Chambal Fertilisers and Chemicals. Investors can purchase the shares at Rs 597 and later sell at a target price of Rs 630. It is also advised to keep a stop loss at Rs 585.
Stocks to Buy Today by Sumeet Bagadia
1. Firstsource Solutions Ltd: The first recommendation of the day is FSL or Firstsource Solutions Ltd. You can purchase these shares at Rs 387.10, and target to sell at Rs 415. Do remember to keep a stop loss at Rs 373.
2. Brainbees Solutions Ltd: The second stock on the recommendation list is Firstcry or Brainbees Solutions Ltd. You can buy these shares at Rs 374 and target to sell at a price of Rs 400. Do remember to keep a stop loss at Rs 360.
3. Birla Cable Ltd: The third stock on the recommendation list is Birla Cable Ltd. You can purchase these shares at Rs 191.56 and later sell for a target price of Rs 206. Also, remember to keep a stop loss at Rs 184.
4. EID Parry India Ltd: Another good stock to buy today is EID Parry India Ltd. You can purchase these shares at Rs 999.25 and sell at a target price of Rs 1,070. Do remember to keep a stop loss at Rs 964.
5. Reliance Infrastructure Ltd: Sumeet Bagadia’s last stock recommendation for today is Reliance Infrastructure Ltd. Investors can purchase these shares at Rs 305.45 and target to sell at a price of Rs 327. It is also advised to keep a stop loss at Rs294.
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.
