Buy or Sell: Vaishali Parekh Recommends Three Stocks to Buy Today – 5 June 2025

Stock market today: After losing for three straight sessions, the Indian Stock Market Witnessed A Trend Reversal on Wednsday. The nifty 50 index finished 77 points higher at 24,620, The BSE SENSEX Ended 260 Points Higher at 80,998, and the bank nifty index added 76 points and closed at 55,676. Eternal, Jio Financial and Indusind Bank was among the Major Gainers on the Nifty, while Major losers were bajaj finserv, Trent, and Eicher Motors.

The Mid-Cap and the Small-Cap Indices Once Again Showcased their Robust Outperformance Relative to the Benchmark. The nifty midcap 100 index rose by 0.71%, While The Nifty Small-Cap 100 IndEX Advanced by 0.79%. Market Breadth Remained Positive For the Third Consecurable Day, with Advanceing Stocks Outpacing Declining Oones, as indicated by a bse advance-decline ratio of 1.10.

Stock market today

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, BELIEVES The Indian Stock Market Bias is cautious to positive as the nifty 50 index sustains above. The prabhudas lilladher expert said the benchmark index is facing a minor hurdle at 24,800, while the 50-stock index is facing Crucial Resistance at 25,000 Levels. On Breaking Above This Crucial Resistance, The Key Index May Touch 25,400 Soon.

Speaking on the outlook of the nifty 50 today, Vaishali Parekh Said, “The Nifty 50 Index has Once Again Sustained The Important Support NEAR 24500 Zone and with a Narrow Rangbound Session Entre Day Closed Marginally in the Green Near 24600 Level With Overall Bias MainTaned Intact. trigger for fresh upward move whereas at the same time, it needs to sustain Above the 24500 zone failing which the bias would turn Slightly Weak and Therafter, The Significant 200 per 240505050505050505050505050505050 would be the next major support positioned. “

“The bank nifty continue to witness sluggish movement with a very narrow band for quite a long time and would need a decisive breach Above the 55800 zone to give a break a break ale the tight rage and excructor Fresh Move on the UPSIDE. There can anticipation of a Major move on the positive side, “said parekh.

Parekh said that immediati support for nifty today is placed at 24,500, while the resistance is Seen at 24,800. The bank nifty would have the daily range of 55,300 to 56,200.

Stocks to buy today

Regarding Stocks to Buy Today, Vaishali Parekh Recommended Buying these Three Buy-or-Sell Stocks: Belrise Industries, TVS Suppply Chain Solutions, and NALCO.

1]Belrise Industries: Buy at 97, target 105, Stop Loss 95;

2]TVS Supply Chain Solutions: Buy at 132, target 140, Stop Loss 128; and

3]NALCO: Buy at 182, target 190, Stop Loss 179.

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.