Latest news with #VaishaliParekh
Mint
2 hours ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend three shares to buy today despite Trump's tariffs on India
Stocks to buy under ₹100: The Indian stock market endured a volatile trading session as market participants digested the implications of US President Donald Trump's imposition of a 25% tariff and punitive measures on India. The benchmark indices—Nifty 50 and Sensex—opened on a weak note, slipping nearly 1%, before staging a sharp intraday recovery to reclaim the 24,900 mark. However, renewed selling pressure in the final hour of trade dragged the indices back into negative territory. Advertisement The Nifty 50 ultimately settled with a cut of 86.70 points, or 0.35%, at 24,768.35. Sectoral breadth was broadly negative, with all major indices ending in the red barring the Nifty FMCG index, which bucked the trend and gained 1.3%. The outperformance in FMCG names was driven by defensive buying amid heightened volatility and upbeat commentary from sector heavyweight Hindustan Unilever. Trump tariffs on India US President Donald Trump signed a sweeping executive order on Thursday, imposing reciprocal 25% tariffs on Indian imports. The order became effective today as the Indian and US governments failed to reach a consensus on the India-US trade deal. Interestingly, India's neighbour, Pakistan, has signed a trade deal with the US, and the US government has imposed a 19% trade tariff on the Islamic state. Advertisement Stock market today Speaking on the outlook of the Nifty 50 today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "The underlying short-term trend of Nifty remains positive with high volatility. A sustainable move above 24950 could open further upside towards the next resistance of 25,250 levels. Immediate support is placed at 24,630." Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, expected a volatile session, said, "The support for the Nifty 50 index is at 24,600, while the resistance is seen at 25,000. The Bank Nifty would have the daily range of 55,500 to 56,600 ." Stocks to buy today under ₹ 100 Regarding stocks to buy today, market experts Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment, recommended three intraday stocks: Lloyds Enterprises, JTL Industries, and Yatra Online. Advertisement Vaishali Parekh's stock to buy under ₹ 100 1] Lloyds Enterprises: Buy at ₹84, Target ₹93, Stop Loss ₹80. Sugandha Sachdeva's share to buy under ₹ 100 2] JTL Industries: Buy at ₹70.80, Targets ₹72.50, ₹73.80, Stop Loss ₹69.50. Anshul Jain's intraday stock for today under ₹ 100 3] Yatra Online: Buy at ₹96.50, Target ₹102, Stop Loss ₹91. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions. Advertisement
Mint
3 hours ago
- Business
- Mint
Buy or sell: Vaishali Parekh recommends three stocks to buy today despite Trump's tariffs on India
Buy or sell stocks: The Indian stock market endured a volatile trading session as market participants digested the implications of US President Donald Trump's imposition of a 25% tariff and punitive measures on India. The benchmark indices—Nifty 50 and Sensex—opened on a weak note, slipping nearly 1%, before staging a sharp intraday recovery to reclaim the 24,900 mark. However, renewed selling pressure in the final hour of trade dragged the indices back into negative territory. The Nifty 50 ultimately settled with a cut of 86.70 points, or 0.35%, at 24,768.35. Sectoral breadth was broadly negative, with all major indices ending in the red barring the Nifty FMCG index, which bucked the trend and gained 1.3%. The outperformance in FMCG names was driven by defensive buying amid heightened volatility and upbeat commentary from sector heavyweight Hindustan Unilever. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market sentiment is cautious as the Nifty 50 index is facing a hurdle at 24,900. As Trump's tariffs on India have become effective today, the market is expected to react, and hence, 24,500 support and 24,950 resistance for the key benchmark index would be crucial. The Indian stock market is expected to trade volatily, and therefore, traders are advised to know their levels and take any decision on the break or breach of those levels. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index after opening on a weak note, witnessed a strong recovery to touch the 24,950 zone but resisted near the important 50-DEMA zone and fizzled out with heavy profit booking seen to close near the 24,750 level with bias and sentiment precariously placed as of now. As mentioned earlier, on the downside, the index has got the crucial support at the 24,500 level, which needs to be sustained to maintain the overall trend intact and at the same time, on the upside, it would need to breach above the 25,000 zone to improve the bias and expect further rise." The Bank Nifty index witnessed a decent recovery from the 55,500 level to scale the 56,400 zone, but saw resistance and slipped down to end just below the 56,000 level, with bias once again maintained with a cautious approach. The index is hovering below the important 50-DEMA zone of 56,100 and would need a decisive revival to move past the barrier, with overall bias precariously placed. "Major support is now positioned near the 100-period MA at 54,500 zone," said Parekh. Parekh said the Nifty 50 index's immediate support is at 24,600, while the resistance is at 25,000. The Bank Nifty's daily range would be 55,500 to 56,600. Regarding stocks to buy today, Vaishali Parekh recommended these three buy-or-sell stocks: Eternal (Zomato), Lloyds Enterprises, and Supreme Industries. 1] Eternal: Buy at ₹ 310, Target ₹ 323, Stop Loss ₹ 303; 2] Lloyds Enterprises: Buy at ₹ 84, Target ₹ 93, Stop Loss ₹ 80; and 3] Supreme Industries: Buy at ₹ 4323, Target ₹ 4600, Stop Loss ₹ 4200. US President Donald Trump signed a sweeping executive order on Thursday, imposing reciprocal 25% tariffs on Indian imports. The order became effective today as the Indian and US governments failed to reach a consensus on the India-US trade deal. Interestingly, India's neighbour, Pakistan, has signed a trade deal with the US, and the US government has imposed a 19% trade tariff on the Islamic state. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
a day ago
- Business
- Mint
Buy or sell: Vaishali Parekh recommends three stocks to buy despite Trump's tariff on India
Buy or sell stocks: The key benchmark indices of the Indian stock market extended their corrective phase for the second consecutive session on Wednesday, following the recent steep sell-off. The Nifty 50 index opened on a firm note but faced resistance near the 24,900 mark, triggering profit booking that dragged the index to an intraday low of 24,772 during the mid-session. However, a late-stage recovery helped the index pare losses settle at 24,855, registering a modest gain of 34 points or 0.14%. On the sectoral front, pressure was evident in media, auto, and realty counters, which declined between 0.5% and 1%. Conversely, selective buying interest was observed in IT and FMCG pockets, with both indices ending marginally in the green, up around 0.3%. Broader market performance remained muted — the Nifty Midcap 100 ended flat, while the Nifty Small Cap 100 slipped by 0.5%, reflecting underlying caution among participants. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market sentiment is cautious as the Nifty 50 index faces a hurdle at 24,900. After Trump's tariff announcement, the mood is expected to remain cautious. If the Nifty 50 sustains above 24,500, then we can expect some relief. Otherwise, there can be some panic selling if the key benchmark index slips below 24,500. Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, "The Nifty 50 index witnessed a sluggish session with a rangebound movement for most of the session, finding resistance near the important 50-DEMA zone at the 24,900 level and would need a decisive breach above the 25,000 zone to improve the bias and expect further rise. On the downside, as mentioned earlier, the index has the crucial support at the 24,500 level, which needs to be sustained to maintain the overall trend intact." The Bank Nifty index witnessed a narrow range-bound session, with the 56,000 level sustained as critical support, and is awaiting the Fed's outcome to trigger a fresh directional move in the coming days. As said earlier, the index needs a decent revival to break past the vital hurdle at the 57,400 zone to trigger a fresh upward move in the coming days. In contrast, the 50-DEMA level near the 56,000 zone continues to act as an essential support zone, which needs to be sustained to maintain the bias intact," said Parekh. Parekh said the Nifty 50 index's immediate support is 24,700, while the resistance is 25,000. The Bank Nifty's daily range is 55,700 to 56,800. Regarding stocks to buy today, Vaishali Parekh recommended these three buy-or-sell stocks: VETO, FACT, and Havells India. 1] VETO: Buy at ₹ 127, Target ₹ 135, Stop Loss ₹ 123; 2] FACT: Buy at ₹ 965, Target ₹ 1000, Stop Loss ₹ 950; and 3] Havells India: Buy at ₹ 1525, Target ₹ 1585, Stop Loss ₹ 1500. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
2 days ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 30 July 2025
Stocks to buy under ₹ 100: The key benchmark indices of the Indian stock market closed in the green zone after Tuesday's stock market session. With the mid-cap and small-cap segments outperforming, the benchmark indices snapped their three-day losing streak. The Nifty 50 index closed 0.57% higher at 24,821.10 points, compared to 24,680.90 points at the previous market close. The BSE Sensex index closed 0.55% higher at 81,337.95 points, compared to 80,891.02 points at the previous stock market session. Speaking on the outlook of the Nifty 50 today, analysts at Bajaj Broking said, the 'index formed a bullish engulfing candle in the daily chart, signalling buying demand around the 100-day EMA after three sessions of sharp decline.' 'Going ahead, the index is likely to enter a consolidation phase in the range of 24,500-25,000 in the coming sessions. While a move above 25,000 will open further upside towards the last two weeks' highs, placed at 25,250,' said the brokerage firm. 'Key support is at 24,500–24,400 region, being the confluence of the previous swing low, the 100-day EMA, and the 61.8% Fibonacci retracement level of the recent rally from 23,935 to 25,669 — making it a crucial demand zone that could attract buying interest or pause the ongoing correction,' said the analysts at Bajaj Broking. Regarding stocks to buy today, market experts Vaishali Parekh, the Vice President of Technical Research at Prabhudas Lilladher and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks to buy on Wednesday: HFCL Ltd, Lloyds Engineering Works Ltd, DCW Ltd, and Geojit Financial Services Ltd. 1. HFCL Ltd (HFCL): Buy at 78; Target Price at ₹ 82; Stop Loss at ₹ 76. 2. Lloyds Engineering Works Ltd (LLOYDSENGG): Buy at ₹ 73.20; Target Price at ₹ 79; Stop Loss at ₹ 71. 3. DCW Ltd (DCW): Buy at ₹ 79.50; Target Price at ₹ 85; Stop Loss at 75. 4. Geojit Financial Services Ltd (GEOJITFSL): Buy at ₹ 74; Target Price at ₹ 82; Stop Loss at ₹ 70. Read all stories by Anubhav Mukherjee
Mint
2 days ago
- Business
- Mint
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 30 July 2025
Buy or sell stocks: The Indian stock market ended its three-day losing streak and closed with gains after Tuesday's stock market session, as benchmark heavyweight stocks like Reliance Industries and HDFC Bank fueled the gains on 29 July 2025. The Nifty 50 index closed 0.57% higher at 24,821.10 points, compared to 24,680.90 points at the previous market close. The BSE Sensex index closed 0.55% higher at 81,337.95 points, compared to 80,891.02 points at the previous stock market session. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, said the Nifty 50 index witnessed a strong recovery from the 24,600-point zone with steady gains and ended on a quite optimistic note. The index is expected to rise further in the upcoming stock market sessions. Vaishali Parekh recommended three buy-or-sell stocks for Wednesday: HFCL, Rashtriya Chemicals and Fertilizers (RCF), and Navkar Corporation. On the outlook for the Nifty 50 and the Bank Nifty index, Parekh said, 'Nifty witnessed a strong recovery from the 24,600 zone during the intraday session with a steady gain as the day progressed and ended on a quite optimistic note above 24,800 level to expect for further rise in the coming sessions.' 'A decisive close above the 25,000 zone would be important for the index which can boost the sentiment and anticipate for next target of 25,300 level with currently having 24,500 level as the major and crucial support which needs to be sustained, as mentioned earlier,' said the stock market expert. 'Bank Nifty, sustained the 55,900 zone and indicated a small pullback to end above the 56,000 level with bias still maintained intact and once again would need a decent revival to break past the important hurdle at 57,400 zone to trigger for fresh upward move in the coming days. The index would need to sustain the crucial support zone near the 50EMA level at 56,000 zone with the frontline banking stocks like HDFC Bank and ICICI Bank standing firm and their progress shall decide the further directional move of the index in the coming days,' said Parekh. Parekh said that the Nifty 50 Spot for today has support at 24,700 points and resistance at 25,000 points. The Bank Nifty index would have a daily range of 55,700 to 56,800. 1. HFCL Ltd (HFCL): Buy at ₹ 78; Target Price at ₹ 82; Stop Loss at ₹ 76. 2. Rashtriya Chemicals and Fertilizers Ltd (RCF): Buy at ₹ 152; Target Price at ₹ 160; Stop Loss at ₹ 148. 3. Navkar Corporation Ltd (NAVKARCORP): Buy at ₹ 130; Target Price at ₹ 155; Stop Loss at ₹ 126. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
