Market Picks: Top 3 Stocks to Buy Today from Vaishali Parekh as Sensex and Nifty Climb Higher
India’s stock market benchmarks, Sensex and Nifty 50, finished higher during the special Muhurat Trading on Friday, November 1. Key sectors like Auto, Realty, Oil & Gas, and PSU Banks saw gains. Nifty 50 closed up 0.41% at 24,304.35, and the BSE Sensex closed up 0.42% at 79,724.12 points.
Nifty and Bank Nifty Today: Expert Insights
Vaishali Parekh, VP of technical research at Prabhudas Lilladher, noted that while Nifty gained momentum, a cautious approach remains due to a lower top formation on the daily chart. Nifty has key support at 24,100 and resistance at 24,500. For Bank Nifty, Parekh expects a range of 51,200 to 52,000, with support at 50,400 below which the trend could turn bearish.
Vaishali Parekh’s Stock Recommendations for Today
- Ramco Cements Ltd (RAMCOCEM)
- Buy at ₹891
- Target: ₹908
- Stop Loss: ₹880
- Oil and Natural Gas Corporation Ltd (ONGC)
- Buy at ₹270
- Target: ₹283
- Stop Loss: ₹263
- KPI Green Energy Ltd (KPIGREEN)
- Buy at ₹810
- Target: ₹840
- Stop Loss: ₹795
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