The downtrend at the Indian Stock Market continues. Yesterday, Nifty 50 lost 262 points and closed at 24,683.90, that is a 1.05% fall. On the other hand, Sensex also fell 873 points, that is 1.06% down, and closed at 81,186.44. What are the stocks to watch today? Let’s check Vaishali Parekh and Sumeet Bagadia’s recommendation.
Stocks to Buy Today by Vaishali Parekh
1. NIIT Learning Systems: The first recommendation of the day is NIIT Learning Systems. You can purchase these shares at Rs 356 and target to sell at Rs 380. Also remember to keep a stop loss at Rs 340.
2. Carborundum Universal: Another good stock to purchase today is Carborundum Universal. Investors can purchase these shares at Rs 1,014 and target to sell at Rs 1,070. Do remember to keep a stop loss at Rs 980.
3. Filatex India: The last stock on the recommendation list today by Vaishali Parekh is Filatex India. You can buy these shares at Rs 49 and later sell at a target price of Rs 55. It is also advised that a stop loss be kept at Rs 47.
Stocks to Buy Today by Sumeet Bagadia
1. Thomas Cook: The first recommendation of the day is Thomas Cook. You can purchase these shares at Rs 155.75 and then sell at a target price of Rs 167. It is also advised that a stop loss be kept at Rs 150.
2. BLS E-Services: The second recommendation of the day is BLS E-Services. These shares could be purchased at Rs 215.36 and then sold at a target price of Rs 230. A stop loss should be kept at Rs 207.
3. Honasa Consumer: The third stock on the recommendation list is Honasa Consumer. Investors can purchase these shares at Rs 272.25 and target to sell at Rs 292. It is also advised that a stop loss be kept at Rs 262.
4. eClerx Services: Another good stock to watch today is eClerx Services. You can buy these shares at Rs 3,363.20 and aim to sell out at Rs 3,600. Also, a stop loss should be kept at Rs 3,245.
5. DP Wires: The last stock on the recommendation list today by Sumeet Bagadia is DP Wires. Investors can purchase these shares at Rs 267.40 and target to sell at Rs 287. Investors are also advised to keep a stop loss at Rs 258.
Disclaimer: All the above recommendations are made by market analysts; India Hood does not recommend any buy or sell. Investors are strongly advised to consult with certified experts before any investment-related decision.
