As the Reserve Bank of India’s policy announced, the stock market has been impacted. The Sensex has declined by 166.26 points and ended at 80543.99 yesterday. On the other hand, the Nifty 50 also declined by 75.35 points and settled at 24574.20. In conditions like these, what are the good stocks to watch today? Let’s check recommendations by Vaishali Parekh and Sumeet Bagadia.
Stocks to Buy Today by Vaishali Parekh
1. TFCIL: The first recommendation of the day is TFCIL. You can purchase these shares at Rs 285 and sell for a target price of Rs 303. Do remember to have a stop loss at Rs 278.
2. SBI: Another good stock to buy today is State Bank of India, or SBI. You can purchase these shares at Rs 805 and target to sell them at a target price of Rs 830. Make sure to have a stop loss at Rs 790.
3. Sun Pharma: The last stock on the recommendation list by Vaishali Parekh today is Sun Pharma. You can purchase these shares at Rs 1594 and later sell them for Rs 1560. Do remember to keep a stop loss at Rs 1620.
Stocks to Buy Today by Sumeet Bagadia
1. Metropolis Healthcare: The first stock on the recommendation list is Metropolis Healthcare. You can purchase these shares at Rs 2055.70 and later target to sell at Rs 2200. Do remember to keep a stop loss at Rs 1983.
2. Cupid: The second stock on the list today is Cupid. These shares can be purchased at Rs 167.80 and later sold for a target price of Rs 180. It is also advised to have a stop loss at Rs 161.
3. Paradeep Phosphates: The third stock on the recommendation list is Paradeep Phosphates. Investors can buy these shares at Rs 235.70, and later target to sell for Rs 250. But, remember to keep a stop loss at Rs 223 while trading.
4. Zauri Agro Chemicals: Another good stock to watch today is Zauri Agro Chemicals. These shares can be purchased for an entry price of Rs 363 and later sold for a target price of Rs 390. Do remember to have a stop loss at Rs 350.
5. Global Health (Medanta): The last stock on the recommendation list by Sumeet Bagadia today is Global Health (Medanta). You can purchase these shares at Rs 1338 and target to sell for Rs 1432. Also, remember to have a stop loss at Rs 1290.
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. This Article is for educational purposes only.
