The Indian Stock Market has seen a decline this week. The Nifty 50 ended at 24837, which is a 0.75% decline compared to the previous week. There are many reasons behind this decline. The upcoming U.S. Tariff announcement has created uncertainty in the market. But despite this volatility, the Nifty has managed to maintain its support levels. In these situations, which are the stocks to buy? Let’s take a look at what market experts like Ganesh Dongre and Anand Rathi recommend.
Stocks to Buy Recommendation by Ganesh Dongre & Anand Rathi
1. TVS Motor Company: Investors can purchase these shares at Rs 2770-2780 and later target to sell at Rs 2850. Also, remember to keep a stop loss at Rs 2720.
2. Glenmark Pharmaceuticals: Another stock on the recommendation list for Monday is Glenmark Pharmaceuticals. You can purchase these shares at the entry price between Rs 2145 to Rs 2150 and later target Rs 2200. It is also recommended to have a stop loss at Rs 2100.
3. Tata Chemicals: The last stock on the recommendation list is Tata Chemicals. You can buy these shares at an entry price range of Rs 935 to Rs 940. Then later sell them for a target price of Rs 980. But, it is advised to have a stop loss at Rs 920.
Disclaimer: All the information shared in this article is for informational and educational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend Buy or Sell, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
