The upward momentum is continuing in the Indian Stock Market. 1st May was a holiday for the market. But April was a good month for all, Nifty 50 was up by 3.46%, and Sensex also grew by 3.2%. How will the market perform today? What are the stocks that can give good returns? Let’s find out experts like Vaishali Parekh and Sumeet Bagadia’s recommendation.
Stocks to Buy Today by Vaishali Parekh
1. Jindal Stainless Ltd: The first recommendation of the day is Jindal Stainless. You can purchase the shares at Rs 576 and sell at a target price of Rs 610. Do remember to keep a stop loss at Rs 560.
2. Raymond: Raymond is another good stock to watch today. These shares can be bought at Rs 1,531 and sold at a target price of Rs 1,600. Also, do not forget to keep a stop loss at Rs 1,490.
3. JSW Energy: The last recommendation for today by Vaishali Parekh is JSW Energy. Investors can buy these shares at Rs 480 and target to sell at Rs 505. Investors are also advised to keep a stop loss at Rs 465.
Stocks to Buy Today by Sumeet Bagadia
1. Alivus Life Sciences: The first recommendation for today is Alivus Life Sciences. You can purchase these shares at Rs 1,104 and target to sell at Rs 1,180. Do make sure to keep a stop loss at Rs 1,070.
2. CEAT: The second recommendation of the day is CEAT. You can purchase these shares at Rs 3,332 and aim to sell at Rs 3,555. Also, traders are advised to keep a stop loss at Rs 3,200.
3. IndoStar Capital Finance: Another good stock to watch today is IndoStar Capital Finance. You can purchase these shares at Rs 301.5 and target a selling price of Rs 322.
4. Kingfa Science and Technology (India): The second-to-last stock on the recommendation today is Kingfa Science and Technology (India). The entry price for these shares is Rs 3,137.2, and the target price for selling will be Rs 3,350. There should be a stop loss at Rs 3020.
5. Healthcare Global Enterprises: The last stock on the recommendation list by Sumeet Bagadia is Healthcare Global Enterprises. Investors can buy these shares at Rs 562.45 and target to sell at Rs 600. Investors are also advised to keep a stop loss at Rs 540.
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.
