Nifty 50 index has continued its upward momentum, gaining nearly 2% for the second consecutive week.

Stocks to Buy Today, Share Market Latest News: The Indian stock market has been on a strong upward trend, driven by the US Federal Reserve’s 50-basis-point rate cut and hints of further reductions. Lower-than-expected US jobless claims have also eased recession fears, contributing to market optimism.

The Nifty 50 index has continued its upward momentum, gaining nearly 2% for the second consecutive week. On a monthly basis, the index has risen over 2%, maintaining its positive trend since June, and is up around 19% so far this year.

While experts remain optimistic about the domestic market, they advise investors to be cautious and focus on quality stocks. Analysts have identified 11 stocks that are expected to rise by 7-27% in the coming 3-4 weeks. 

Stocks to Buy Today, Share Market Latest News

Here are the recommendations by experts, as given by LiveMint:

Shiju Koothupalakkal, Technical Research Analyst, PL-Capital - Prabhudas Lilladher

- SBI Life Insurance Company  
  Previous Close: Rs 1,870.25  
  Buying Range: Rs 1,860-1,885  
  Target Price: Rs 2,120  
  Stop Loss: Rs 1,770  
  Upside Potential: 13%

- Escorts Kubota  
  Previous Close: Rs 4,079.25  
  Buying Range: Rs 4,050-4,100  
  Target Price: Rs 4,575  
  Stop Loss: Rs 3,770  
  Upside Potential: 12%

- Havells India  
  Previous Close: Rs 2,048.10  
  Buying Range: Rs 2,030-2,060  
  Target Price: Rs 2,270  
  Stop Loss: Rs 1,955  
  Upside Potential: 11%

Mandar Bhojane, Equity Research Analyst, Choice Broking

- Housing & Urban Development Corporation (HUDCO)  
  Previous Close: Rs 251.05  
  Target Price: Rs 300 and Rs 320  
  Stop Loss: Rs 220  
  Upside Potential: 27%

- Cummins India  
  Previous Close: Rs 3,814.05  
  Target Price: Rs 4,100 and Rs 4,200  
  Stop Loss: Rs 3,600  
  Upside Potential: 10%

- Jindal Stainless  
  Previous Close: Rs 776.70  
  Target Price: Rs 850 and Rs 870  
  Stop Loss: Rs 720  
  Upside Potential: 12%

Vishnu Kant Upadhyay, AVP of Research and Advisory, Master Capital Services

- BPCL  
  Previous Close: Rs 331.20  
  Buying Price: Rs 330  
  Target Price: Rs 360 and Rs 365  
  Stop Loss: Rs 308  
  Upside Potential: 10%

- Punjab National Bank (PNB)  
  Previous Close: Rs 108.41  
  Buying Price: Rs 108  
  Target Price: Rs 122 and Rs 125  
  Stop Loss: Rs 99.50  
  Upside Potential: 15%

- Rail Vikas Nigam (RVNL)  
  Previous Close: Rs 544.25  
  Buying Range: Rs 540  
  Target Price: Rs 622 and Rs 630  
  Stop Loss: Rs 489  
  Upside Potential: 16%

Jigar S. Patel, Senior Manager of Equity Research, Anand Rathi Share and Stock Brokers

- Maruti Suzuki India  
  Previous Close: Rs 12,614.50  
  Buying Range: Rs 12,500-12,650  
  Target Price: Rs 13,500  
  Stop Loss: Rs 12,100  
  Upside Potential: 7%

- Havells India  
  Previous Close: Rs 2,048.10  
  Buying Price: Rs 2,030  
  Target Price: Rs 2,230  
  Stop Loss: Rs 1,930  
  Upside Potential: 9%

- JK Paper  
  Previous Close: Rs 457.05  
  Buying Range: Rs 440-460  
  Target Price: Rs 535  
  Stop Loss: Rs 405  
  Upside Potential: 17%

Investors are encouraged to consider these stocks, as they show strong potential for significant gains in the coming weeks. However, experts advise careful monitoring and appropriate stop-loss measures to minimize risks.

(For more news apart from Stocks to Buy Today, Share Market Latest News, stay tuned to Rozana Spokesman)