Market expert Aakash K Hindocha, Deputy Vice President at Nuvama Professional Clients Group, has shared his stock recommendations for today. His top picks are:
- Godawari Power and Ispat Limited (GPIL)
- Amara Raja Energy & Mobility Ltd (ARE&M)
- HDFC Life Insurance
He has also given his views on the Nifty and Bank Nifty indexes.
Read more: Stock market today: Sensex hits 82,000 milestone, Nifty trades near 25,100; experts stay bullish
Nifty Outlook
- Nifty has reached its first target of 25,050 – 25,250 after crossing 24,600.
- The index is now close to a 4-week high and may move towards 25,250.
- Any dip below 24,985 is expected to be bought, with strong support at 24,850.
Bank Nifty Outlook
- Bank Nifty recently fell more than 5% from its high but has started showing recovery this week.
- If it closes above 55,800, it may move further up.
- A dip around 55,500 – 55,550 is likely to be a buying opportunity, with potential for a 3-4% rally.
Stock Recommendations
1. Godawari Power and Ispat Limited (GPIL)
- Last Price: ₹218.68
- Target: ₹254
- Stop Loss: ₹204
- The stock recently gave its highest close of 2025 with strong volumes.
- Since it has broken out after months of consolidation, it may rise quickly by 12-15% and reach near its all-time high.
2. Amara Raja Energy & Mobility Ltd (ARE&M)
- Last Price: ₹988.20
- Target: ₹1,060 – ₹1,070
- Stop Loss: ₹950
- The stock is building strength and showing positive signs with strong volumes.
- Auto stocks are gaining momentum, and this stock could also perform well.
- A close above ₹1,000 can trigger further upside.
3. HDFC Life Insurance
- Last Price: ₹796.55
- Target: ₹850
- Stop Loss: ₹763
- The stock is consolidating near its all-time high and is showing accumulation.
- If it closes above ₹800, it may rise quickly by 6-8%.
Also Read: Global gold surge: Ventura forecasts $3,600/oz in 2025, India sees record ETF participation
Summary:
- Nifty and Bank Nifty are showing bullish signs.
- Stocks like GPIL, ARE&M, and HDFC Life are recommended as strong buy opportunities for short-term gains.
Note: These are the expert’s opinions. Always talk to a professional financial advisor before investing.
