The Indian Stock Market has been in a downward trend for the second consecutive day. Yesterday, Nifty 50 dropped 41 points and closed at 24812.05. On the other hand, the Sensex also declined by 139 points and ended at 81444.66. What are the good stocks to buy today? Let’s find out Vaishali Parekh, Sumeet Bagadia’s recommendations.
Stocks to Buy Today by Vaishali Parekh
1. Graphite India: The first stock recommendation of the day is Graphite India. You can purchase these shares at Rs 550 and target to sell at Rs 585. Do remember to keep a stop loss at Rs 530.
2. Reliance Power: Another good stock to buy is Reliance Power. This share can be purchased at Rs 66 and later sold at a target price of Rs 73. Do remember to keep a stop loss at Rs 63.
3. IndusInd Bank: The last stock on the recommendation list by Vaishali Parekh is IndusInd Bank. It can be bought at Rs 850 and later sold at a target price of Rs 880. It is also recommended to have a stop loss at Rs 835.
Stocks to Buy Today by Sumeet Bagadia
1. NDR Auto Components: The first recommendation of the day is NDR Auto Components. You can purchase these shares at Rs 988.2 and target to sell at Rs 1060 later. Do remember to keep a stop loss at Rs 950.
2. Sakar Healthcare: The second stock on the recommendation list is Sakar Healthcare. You can purchase these shares at rs 363 and target to sell at Rs 390. Do remember to keep a stop loss at Rs 350.
3. Pearl global Industries: The third stock on the list is Pearl Global Industries. Investors can grab these shares at Rs 1467.8 and later sell at a target price of Rs 1414.
4. Dee Development Engineers: Another good stock to watch today is Dee Development. It can be purchased at Rs 300 and sold at a target price of Rs 322. Make sure to have a stop loss at Rs 292.
5. Yuken India: The last stock on the recommendation list by Sumeet Bagadia is Yuken India. Investors can buy these shares at Rs 1108 and later sell at a target price of Rs 1190. Also, a stop loss must be placed at Rs 1080.
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.
