In the previous session, benchmark indices Sensex and Nifty bounced back to close over 2% higher on buying in banking, metal and IT shares amid positive trends in global equity markets.
Stocks to buy today, October 6: Stock market on October 6 is likely to open in green as SGX Nifty – which is traded on the Singapore stock exchange – was trading above 17400 after gaining nearly 90 points or 0.49% higher at 8:30 am. Asian trade markets also showed a mixed response in the early trade. While Japan’s NIKKEI 225 gained 0.91% in early trade, Korea Composite Stock Price Index or KOSPI Index gained over 1.25%.
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In the previous session, benchmark indices Sensex and Nifty bounced back to close over 2% higher on buying in banking, metal and IT shares amid positive trends in global equity markets. The 30-share BSE Sensex spurted 1,276.66 points or 2.25% to settle at 58,065.47 with 27 of its shares ending in the green. During the day, it zoomed 1,311.13 points or 2.30% to 58,099.94. The broader NSE Nifty rallied 386.95 points or 2.29% to end at 17,274.30 as 48 of its constituents advanced.
Stocks recommended by Kushal Gupta
CASH KA SHARE
JSW ENERGY – BUY – 302, SL – 288
FUTURES
ONGC – BUY – 140, SL – 131
OPTION
AU SMALL FIN BANK 610 CE@25 – BUY – 35, SL – 20
TECHNO
DELTA CORP – BUY – 218, SL- 209
FUNDA
EMAMI REALTY – BUY – 120 DURATION 6 MONTHS
INVESTMENT
HERO MOTOCORP- BUY – 3146, DURATION 12 MONTHS
NEWS KE DUM PAR
DLF – BUY – 371, SL – 355
MY CHOICE
VERANDA LEARNING – BUY – 337, SL- 322
AB CAPITAL – BUY – 119, SL – 114
ICICI BANK – BUY – 900, SL – 862
BEST PICK
HERO MOTOCORP- BUY – 3146, DURATION 12 MONTHS
Stocks recommended by Ashish Chaturvedi
CASH KA STOCK
BUY HIND ZINC TARGET 285 SL 268
FUTURES
BUY IRCTC TARGET 760 SL 708
OPTIONS
BUY VEDL 280 CE TARGET 15.20 SL 9.75
TECHNO
BUY KDDL TARGET 1132 SL 1015
FUNDA
BUY GODFREY PHILLIPS TARGET 1564 DURATION 12 MONTHS
INVEST STOCK
BUY SJVN TARGET 40 DURATION 6-9 MONTHS
STOCK IN NEWS
BUY BAJAJ FIN TARGET 7650 SL 7430
MY CHOICE
BUY DCB BANK TARGET 105.50 SL 102
BUY LTTS TARGET 3700 SL 3500
BUY NALCO TARGET 72.80 SL 69.70
MY BEST
BUY IRCTC TARGET 760 SL 708