Buy or Sell: Vaishali Parekh Recommends Three Stocks to Buy Today – 2 June 2025

Buy or sell stocks: After showcasing a strong rally on Friday, the Indian Stock Market Lost Momentum and Ended Lower in the first session of the June 2025 series. The Nifty 50 Index Ended 82 Points Lower at 24,750, The BSE Sensex Finished 182 Points Lower at 81,451, While The Bank Nifty Index Added 203 Points and Clode at 55,749. Trading volumes on the nse cash market wereply Higher by 57% compared to the previous session, mainly due to msci rebalancing-Related trades. For the week, the nifty registered a minor decline of 0.33%.

The Mid-Cap and Small-Cap Indices Once Again Showcased their outperformance related to the Benchmark, Thought They, Too, Ended Marganically Lower. The Nifty Midcap 100 Index Fell by a Mere 0.06%, While The Nifty Small-Cap 100 Index Corrected by Just 0.03%. Market Bredth Turned Negative, With Declining Stocks Outpacing Advanceing Ones, as indicated by a bse advance-decline ratio of 0.84.

Stock market today

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, BELIEVES The Indian Stock Market Bias is Styl positive as the nifty 50 index is about 24,500. The prabhudas liladher expert said the key benchmark index may song 25,300 if it breaks Above 25,000 on a closing Basis.

Speaking on the outlook of the nifty 50 today, Vaishali Parekh Said, “The Nifty 50 Index Witnessed Another Session of Consolidation Near the 24,700 to 24,800 to 24,800 zone and, with the biasctaeted into Further Rise Once a Decisive Breach Above The 25,000 zone is confirmed, with UPSIDE TARGETS OF 26,300 and 27,200 Levels Achievable in the Coming Days. As the important and strong support level which needs to be sustained to maintain the overall bias intact. “

“The Bank Nifty Index Witnessed A Significant Pullback in the Second Half to Gather Strength and Closed Near The Important Hurdle at the 55800 Zone With Bias Improoving and Anticipating A Breakout the 56000 Zone With Strength Indicated and Can Trigger for Fresh UPSIDE TARGETS OF 57700 and 60300 Levels in the Coming Days. to be sustained as of now, “said parakh.

Parekh said that today, support for the nifty is at 24,600, while resistance is at 25,000. The bank nifty will have a daily range of 55,400 to 56,400.

Vaishali Parekh’s stock recommendations today

Regarding Stocks to Buy Today, Vaishali Parekh Recommended Buying these three buy or sell stocks: WELSPUN corp, HCC, and Dabur India.

1]Welspun Corp: Buy at 932, target 960, Stop Loss 920;

2]HCC: Buy at 34, target 40, Stop Loss 32; and

3]dabur india: Buy at 484, target 500, Stop Loss 476.

Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.