The Indian Stock Market last opened last Thursday. On that day, Nifty 50 was up by 1.8% and closed at 23,851.65. Also, BSE Sensex was on a positive climb, it ended 1.96% higher at 78,553.2. How will the market perform today? What are the breakout stocks that can give good returns? Let’s check what Experts like Vaishali Parekh and Sumeet Bagadia recommend.
Stocks to Buy Today by Vaishali Parekh
1. Nippon Life India Asset Management: The first recommendation of the day is Nippon Life India Asset Management. You can purchase these shares at Rs 596 and target to sell at Rs 630. Do remember to keep a stop loss at Rs 584.
2. HDFC AMC: Another good stock that can break out today is HDFC AMC. You can buy these shares at Rs 4,218 and target to sell at a price of Rs 4,370. There should be a stop loss of Rs 4,140.
3. KPIT Technologies: The last recommendation for today by Vaishali Parekh is KPIT Technologies. Investors can purchase these shares at Rs 1,136 and aim to sell at a target price of Rs 1,180. There should also be a stop loss set at Rs 1,112.
Stocks to Buy Today by Sumeet Bagadia
1. CSB Bank: The first recommendation for today is CSB Bank. You can purchase these shares at Rs 343.8 and sell them at a target price of Rs 366. Do remember to keep a stop loss at Rs 330.
2. Five-Star Business Finance: The second recommendation for today is Five-Star Business Finance. You can choose to buy these shares at Rs 789.8 and sell at a target price of Rs 845. Also, make sure to keep a stop loss at Rs 760.
3. Cholamandalam Financial Holdings: Another good stock that can break out today is Cholamandalam Financial Holdings. You can purchase these shares at Rs 1,872.9 and target to sell at a price of Rs 2,000. But make sure to keep a stop loss at Rs 1,810.
4. Simplex Infrastructures: Another breakout stock recommendation for today is Simplex Infra. Investors can purchase these shares at Rs 326.6 and target to sell at Rs 350. Do remember to keep a stop loss at Rs 1,375.
5. India Glycols: The last recommendation for today is India Glycols. You can purchase these stocks at a price of Rs 1,425.5 and aim for a target price of Rs 1530. Also, make sure to keep a stop loss at Rs 1,375.
All the information given above is are individual expert’s recommendation. Indiahood does not recommend any buying or selling. Investors should consult with their certified experts before making any investment-related decision.
