The Indian Stock Market has seen another decline yesterday. On 17th June, Nifty 50 slipped 93 points and closed at 24853.40. On the other hand, the Sensex also dropped by 213 points and closed at 81583.30. What are the good stocks to buy today? Let’s take a look at Vaishali Parekh and Sumeet Bagadia’s recommendations.
Stocks to Buy Today by Vaishali Parekh
1. Sun Pharma: The first stock on the recommendation list is Sun Pharma. These shares can be purchased at Rs 1649 and sold at a target price of Rs 1660. Do remember to keep a stop loss at Rs 1600.
2. Medico Remedies: Another stock to watch today is Medico Remedies. It can be purchased at Rs 48.50 and sold at a target price of Rs 53. Do remember to have a stop loss at Rs 46.
3. Cyient: The last stock on the recommendation list is Cyient. You can purchase these at Rs 1330 and target to sell at Rs 1370. Do remember to keep a stop loss at Rs 1300.
Stocks to Buy Today by Vaishali Parekh
1. Maan Aluminium: The first recommendation of the day is Maan Aluminium. These shares can be purchased at Rs 131.48 and later sold at a target price of Rs 141. Do remember to keep a stop loss at Rs 126.
2. Nelcast: The second stock on the recommendation list is Nelcast. It can be purchased at Rs 145.76 and later sold at a target price of Rs 156. Do remember to keep a stop loss at Rs 140.
3. Intellect Design Arena: The third stock on the recommendation list is Intellect Design Arena. These shares can be bought at Rs 1227.9 and sold at a target price of Rs 1313. It is also advised to keep a stop loss at Rs 1184.
4. Steel Stripes Wheels: Another good stock to watch today is Steel Stripes Wheels. Investors can purchase these shares at Rs 258.15 and target to sell at a price of Rs 280. It is also advised to have a stop loss at Rs 249.
5. Navin Fluorine International Limited: The last stock on the recommendation list today by Sumeet Bagadia is Navin Fluorine International. These shares can be purchased at Rs 4703.4 and later sold at a price of Rs 5033. Do remember to keep a stop loss at Rs 4538.
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.
