fbpx

Today’s Hot Stock Picks: Expert Vaishali Parekh Recommends Petronet LNG, Varun Beverages, and Samvardhana Motherson

Despite mixed global trends, the Indian stock market ended higher on Monday. The Nifty 50 index gained 84 points to close at 24,586, the BSE Sensex rose by 145 points to finish at 80,664, and the Bank Nifty index went up by 177 points to close at 52,455. Most sectors saw gains, with strong buying in PSU Banks, Oil & Gas, Realty, and Healthcare. The PSU Banking sector was up 3% following media reports suggesting possible amendments to the Banking Regulation Act 1949 and other laws for reforms during the upcoming Budget session.

Vaishali Parekh’s Stock Picks for Today

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, sees continued strength in the Indian stock market, with the Nifty 50 index aiming for a target of 24,900. She also predicts improved sentiment for Bank Nifty.

For today, Vaishali Parekh recommends buying these three stocks: Petronet LNG, Varun Beverages Ltd (VBL), and Samvardhana Motherson.

Market Outlook

Vaishali Parekh commented, “Nifty is steadily gaining strength and is expected to reach 24,900 soon. The positive trend is supported by active participation from mid-cap and small-cap stocks.”

“The Bank Nifty index has shown consolidation and a gradual rise, indicating an improving bias. A decisive break above 53,350 could confirm a breakout and suggest further gains in the coming days,” Parekh added.

Vaishali Parekh’s Stock Recommendations for Today

  1. Petronet LNG: Buy at ₹350, target ₹368, stop loss ₹340.
  2. Varun Beverages Ltd (VBL): Buy at ₹1628, target ₹1710, stop loss ₹1590.
  3. Samvardhana Motherson: Buy at ₹201.55, target ₹214, stop loss ₹195.

Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.​​

We will be happy to hear your thoughts

      Leave a reply

      Share Price India News
      Logo