Stocks to Buy or Sell Today: The Indian stock market faced selling pressure last week as the Nifty 50 closed at 24,426.85, down by 1.8%. Bank Nifty also saw a sharp fall of 2.7%, ending at 53,655.65. Mid-cap and small-cap stocks dropped even more, with losses of around 3-4%. FMCG was the only sector that managed to stay positive.
Nifty and Bank Nifty Levels
Experts say the 24,300–24,250 range is a key support zone for Nifty. If the index goes below 24,250, it may slide further towards 24,000. For Bank Nifty, the immediate support is between 53,600–53,500.
SCO Summit 2025 Highlights
Prime Minister Narendra Modi met Chinese President Xi Jinping during the SCO Summit in Tianjin. Both leaders discussed ways to improve trade balance, boost cultural ties, and work together on water management and terrorism issues. Foreign Secretary Vikram Misri said that India and China agreed to make progress based on mutual respect and shared interests. The meeting also recognized the role of both economies in stabilizing global trade.
Global and Domestic Events This Week
The coming week will be event-heavy as it marks the start of a new month. Investors will watch for auto sales data, and HSBC PMI reports for manufacturing and services. The GST Council meeting is also expected to attract attention, as the industry is pushing for faster reforms. These factors could decide the near-term trend of the market.
Stocks to Buy Today
Experts have suggested eight intraday picks for Monday:
Cartrade Tech – Buy at ₹2,398, Target ₹2,575
Nava – Buy at ₹687, Target ₹740
SBI – Buy at ₹805, Target ₹822
HDFC Bank – Buy at ₹952, Target ₹995
LIC – Buy at ₹852, Target ₹895
CG Power – Buy at ₹694, Target ₹730
ideaForge – Buy at ₹487.65, Target ₹515
Syrma SGS Tech – Buy at ₹753, Target ₹800
Disclaimer: These recommendations are from market experts. Investors should consult certified advisors before investing.
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