Although the stock market faced a massive decline on Wednesday and Thursday of last week, Sensex and Nifty50 recovered from that situation on Friday. In the final trading session, Nifty50 gained 117 points, and Sensex rose 316 points. All sectoral indices except Nifty IT witnessed growth in the final trading session.
Meanwhile, the US Supreme Court has cancelled Trump's imposed reciprocal tariffs. As a result, duties imposed on Indian goods have reduced significantly at one go. Due to this impact, experts are hoping for a positive start in India's stock market on Monday. The country's two benchmark indices may begin with a gap start, meaning they could start trading at higher points than the last closing. On Monday, Gift Nifty rose by approximately 187 points, which has further increased hopes for a gap start. There is a strong possibility that the market will remain buoyant in this week's first trading session. In this situation, let's see which stocks can be bought.
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Bardhaman Textiles: This company's shares are trading at ₹536. Its target price is ₹574, and the stop loss is ₹517.
BEL: Experts also advise keeping an eye on this public sector company's stock. Analysts believe that this stock's valuation remains attractive after the recent correction. This stock's price is now ₹257. Its target price is ₹270, and the stop loss is ₹252.
Cummins India: This stock also has a strong uptrend. This company's stock price is ₹4,733. Its target price is ₹4,900, and the stop loss is ₹4,660.
JSW Energy: This company's stock price is ₹493. Its target price is ₹520, and the stop loss is ₹484.
{News Ei Samay does not provide investment advice anywhere. Investment and trading in the share market or any field involve risk. Proper study and expert advice are recommended beforehand. This news is published for educational and awareness purposes.}
