The Indian Stock Market saw another decline yesterday. This is because geopolitics is affecting global markets and economic growth globally. Yestetday, Nifty 50 declined by 253 points or 1.01% and ended at 24888.20. On the other hand, the BSE Sensex dropped by 823 points and closed at 81691.98. What are the good stocks to buy today? Let’s find out Vaishali Parekh and Sumeet Bagadia’s recommendations.
Stocks to Buy Today by Vaishali Parekh
1. SW Solar / Sterling and Wilson Renewable Energy: The first stock on the recommendation list is SW Solar. These shares can be purchased at Rs 328 and later sold at a target price of Rs 370. Do remember to keep a stop loss at Rs 315.
2. Sterlite Technologies: Another good stock to watch today is Sterlite Technologies. You can purchase these shares at Rs 84 and later sell at Rs 90. Make sure to have a stop loss at Rs 80.
3. BSE: The last stock on the recommendation list by Vaishali Parekh is BSE. You can purchase these shares at Rs 2750 and sell at a target price of Rs 2640. Do remember to have a stop loss at Rs 2850.
Stocks to Buy Today by Sumeet Bagadia
1. Suven Life Sciences: The first stock on the recommendation list is Suven Life Sciences. Investors can purchase these shares at Rs 260.55 and target to sell at Rs 277. Do remember to keep a stop loss at Rs 250.
2. Rainbow Children’s Medicare: The second stock on the recommendation list is Rainbow Children’s Medicare. These shares can be bought at Rs 1458.2 and sold at a target price of Rs 1555. It is also advised to keep a stop loss at Rs 1410.
3. Sree Rayalaseema Hi-Strength Hypo: The third stock on the recommendation list is Sree Rayalaseema Hi-Strength Hypo. You can purchase these shares at Rs 671.1 and target to sell at a price of Rs 720. It is recommended to keep a stop loss at Rs 650.
4. Privi Speciality Chemicals: Another good stock to watch today is Privi Speciality Chemicals. These shares can be purchased at Rs 2360.9 and later sold at a price of Rs 2555. Do remember to keep a stop loss at Rs 2277.
5. Nava: The last stock on the recommendation list by Sumeet Bagadia is Nava. It can be purchased at Rs 560.25 and sold at a target price of Rs 600. Do remember to keep a stop loss at Rs 540.
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.
