Buy or sell stocks: Vaishali Parekh has recommended three stocks for today — 📌Indian Hotels Co. Ltd. (INDHOTEL): Buy at ₹741; Target at ₹750; Stop Loss at ₹725. 📌Biocon Ltd. (BIOCON): Buy at ₹335; Target at ₹360; Stop Loss at ₹320. 📌DLF Ltd. (DLF): Buy at ₹762; Target at ₹785; Stop Loss at ₹740.
Open Flip📌Morgan Stanley raises Zomato's target price to ₹355, citing optimism in its quick commerce segment. 📌Hero MotoCorp reports a 6% year-on-year increase in consolidated profit after tax. 📌Godrej Properties refutes allegations of fraud and money laundering. 📌Reliance Industries completes its merger with Viacom 18 Media Private Limited and The Walt Disney Company.
Open FlipIndian stock market sentiment remains weak, with the Nifty 50 index breaking below 23,700 and potentially testing 23,250-23,200 levels, advises Sumeet Bagadia, Executive Director at Choice Broking, who recommends a stock-specific approach and identifies five breakout stocks to buy: 📌Zomato, 📌Hikal, 📌Jio Financial Services, 📌KEC International, and 📌Fortis Healthcare.
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