Best Stocks To Buy: The share market closed flat despite hitting all-time highs on Monday. About which concern has increased among investors? But even in this market of uncertainty today, you can rely on these five stocks (stock price).
What can happen in the market today?
Indian stock markets opened the week with quarterly gains ahead of central bank policy meetings in the US, Britain, and Japan. The Nifty 50 index added 7 points from the previous close to end at 24,842. The BSE Sensex closed up 23 points at 81,355, while the Bank Nifty index closed up 92 points at 51,388.
The brokerage firm recommended which stocks to buy:
According to Sumit Bagaria, executive director of Choice Broking, the Indian stock market was extremely volatile on Monday. While the Nifty 50 index has come close to the psychological 25,000 mark. Bagaria said the 50-stock index is facing resistance at 25,000 but has made a strong move at 24,500. The market mood is still positive and sees any decline as a buying opportunity. He recommends breakout stocks for intraday trading. He advised to buy these five stocks.
Buy Sumit Bagaria stock today:
Talking about the Indian stock market outlook today, Sumit Bagadia said, “The overall sentiment on Dalal Street is positive. The Nifty 50 index has touched a psychological high of around 25,000. However, with the current volatility ahead of today’s US Fed meeting outcome, the market may remain cautious. My advice would be to take a stock-specific approach to intraday trading; some may look at breakout stocks.”
Sumit Bagaria’s stock recommendation for today
1] DCW: Buy at ₹69, Target ₹72.50, Stop Loss ₹66.50;
2] RITES: Buy at ₹762, Target ₹800, Stop Loss ₹7.5;
3] Silver: Buy at ₹321, target ₹336, stop loss ₹310;
4] VPRPL: Buy at ₹265, Target ₹277, Stop Loss ₹255; And
5] Jai Bharat Maruti: Buy at ₹121.70, target ₹127, stop loss ₹117.
