Stocks to Buy Today: Experts Recommend Airtel and Wipro – Here Are the Targets

Experts have revealed the list of stocks to track and buy today, including breakout stocks. This comes amid a decline in the domestic stock markets on Friday, with major indices like the BSE Sensex, Nifty50, and Bank Nifty all experiencing losses. Alongside, here are some stock recommendations and key levels to watch in the latest stock market update.

Market Overview: The Indian stock markets ended Friday's trading session in the red. The BSE Sensex lost 241 points, closing at 77,379, while the Nifty50 dropped by 95 points, ending at 23,431. Additionally, the Bank Nifty fell by 769 points to 48,734.

According to Amol Athawale, VP of Technical Research at Kotak Securities, 23,600 remains a crucial level for the Nifty50. If the index moves above this, a potential pullback could push it towards the 23,800 mark. However, if it drops below 23,350, the market could experience heightened selling pressure, with a possible range between 23,250-23,100.

FIIs and DIIs Activity: In Friday's session, Foreign Institutional Investors (FIIs) sold shares worth ₹2,254.68 crore, while Domestic Institutional Investors (DIIs) bought shares worth ₹3,961.92 crore. Year-to-date, FIIs have sold ₹21,357.46 crore in January, whereas DIIs have purchased ₹24,215.87 crore worth of shares.

Global Market Trends: On the global front, the US stock markets closed lower on Friday, following positive job data that exceeded expectations. The Dow Jones declined by 1.63%, the S&P 500 fell by 1.54%, and the Nasdaq dropped 1.63%. Meanwhile, Asian markets continued to show a downward trend on Monday.

Stocks to Buy Today: Experts have recommended the following stocks for traders to consider buying today, including some breakout stocks.

Airtel

Buy: ₹1,615.90

Stop Loss: ₹1,559

Target: ₹1,729

LTI MindTree

Buy: ₹6,124.40

Stop Loss: ₹5,910

Target: ₹6,553

Wipro

Buy: ₹300

Stop Loss: ₹280

Target: ₹330

IRCTC

Buy: ₹780

Stop Loss: ₹760

Target: ₹805

Birlasoft

Buy: ₹552

Stop Loss: ₹530

Target: ₹580

Breakout Stocks to Buy:

RBM Infracon

Buy: ₹643

Target: ₹680

Stop Loss: ₹620

Ramakrishna Forgings

Buy: ₹957.10

Target: ₹1,020

Stop Loss: ₹920

Medico Remedies

Buy: ₹63.14

Target: ₹68

Stop Loss: ₹60

UNO Minda

Buy: ₹1,097.65

Target: ₹1,155

Stop Loss: ₹1,065

Precol

Buy: ₹559.30

Target: ₹595

Stop Loss: ₹540

(Note: These recommendations are based on expert opinions and are not affiliated with Bizz Buzz News It is advised that traders conduct their own research before making any investment decisions.)