The nation's stock market began the previous trading session at a lower level, but it made a spectacular recovery. The Sensex rose by 228 points or 0.28 percent.
The Nifty50 increased by 0.23 percent or 57 points. As a result of this growth, the Bombay Stock Exchange's primary index, Sensex, stands at 81,207 points, while the National Stock Exchange's main index, Nifty50, is at 24,894 points. Multiple stocks in the metal sector performed exceptionally well in the final trading session. Additionally, the robust performance of private and public banks helped the Sensex and Nifty50 to rebound.
Investors and market experts are keenly observing how the market situation unfolds in the first trading session of this week on Monday. However, analysts indicate that the GIFT Nifty suggests a muted start. In this context, let's examine which stocks market analysts recommend buying.
TVS Motor Company
Analysts report that this company's stock shows a consistent bullish pattern. The current price of this stock is 3,447 rupees. Its target price is 3,700 rupees with a stop loss at 3,350 rupees.
JB Chemicals & Pharmaceuticals
Experts advise capitalizing on this stock's bullish pattern for short-term gains. The current price of this pharmaceutical company's stock is 1,668 rupees. Its target price is 1,750 rupees with a stop loss at 1,640 rupees.
Punjab National Bank
Shares of this state-owned bank have also shown notable performance in recent days. The current price of this stock is 114 rupees. Its target price is 119 rupees with a stop loss at 109 rupees.
HBA Engineering
Market experts are also optimistic about this company's shares. The current price per share of this company is 846 rupees. Its target price is 900 rupees with a stop loss at 826 rupees.
CG Power and Industrial Solutions
The current price per share of this company is 747 rupees. Its target price is 785 rupees with a stop loss at 730 rupees.
(Ei Samay Online does not provide investment advice anywhere. Investing in the stock market or any other field is subject to risk. Before investing, thorough research and expert advice are recommended. This news is published for educational purposes and to raise awareness.)
