Finally, the Indian Stock Market has broken the bearish run after four consecutive days. Yesterday, Nifty 50 gained 113.50 points and ended at 25196. On the other hand, the BSE Sensex climbed 317 points and closed at 82571. So, 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. Bodal Chemicals: The first recommendation for today’s trading session is Bodal Chemicals. Consider entering at Rs 76.88 with a target price of Rs 81. To manage risk, place your stop loss at Rs 75.
2. Varun Beverages: Another stock to watch today is Varun Beverages. Investors can purchase these shares at an entry price of Rs 469.80, aiming for a target of Rs 494. It is recommended to set a stop loss at Rs 460.
3. City Union Bank: Rounding out today’s list is City Union Bank. You can consider buying at Rs 218, with a target price of Rs 228. Don’t forget to put a stop loss at Rs 214 to protect your investment.
Stocks to Buy Today by Sumeet Bagadia
1. Vintage Coffee and Beverages: The first stock pick for today’s trading session is Vintage Coffee and Beverages. You may consider purchasing these shares at Rs 143.61, aiming for a target price of Rs 155. Remember to keep your stop loss at Rs 138.
2. Diamond Power Infrastructure: Another worthwhile addition to your portfolio could be Diamond Power Infrastructure. The suggested entry price is Rs 172.92, with a target potential of Rs 187. To help manage your risk, set a stop loss at Rs 166.
3. Samhi Hotels: Next on the list is Samhi Hotels, an option for those looking to diversify. Acquire these shares at Rs 246.32 and look to exit at the target price of Rs 265. A stop loss should be maintained at Rs 237 to protect capital.
4. Heranba Industries: Another good stock to by today is Heranba Industries. You can enter at Rs 395.75 and plan to sell at the target of Rs 425. It is advisable to place your stop loss at Rs 380.
5. PTC India: The last stock on the recommendation list by Sumeet Bagadia is PTC India. This stock can be bought at Rs 191.12, set for a target price of Rs 205. Don’t forget to keep a stop loss in place at Rs 184 to help minimize any downside risk.
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.
