Buy or Sell: Vaishali Parekh Recommends Three Stocks to Buy Today – 6 June 2025

Buy or sell stocks: Ahead of the weekly expiry, the Indian stock market ended Higher on Thursday. The Nifty 50 Index Ended 130 Points Higher at 24,750, The BSE Sensex Finished 443 Points UPSIDE at 81,442, while the bank nifty index added 84 points and closed at 55,760. Eternal, Trent and Dr Reddy Were Major Gainers on the Nifty, While Major Loosers Were Indusind Bank, Tata Consumer, and Axis Bank. Trading volumes on the nse cash market were 6% compared to wedding session.

The Mid-Cap and the Small-Cap Indices Continued to outperform the Benchmark. The Nifty Mid-Cap 100 Index Rose by 0.53%, While The Nifty Small-Cap 100 Index surgged by 0.96%. Nifty Small-Cap Index Continued its upward journey for the fourth day to close at a four-month high. Market Breadth Remained Positive For the Fourth Consecurate Day, with Advanceing Stocks Outpacing Declining Oones, as indicated by a bse advance-declinee ratio of 1.33.

Stock market today

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, BELIEVES The Indian Stock Market Bias is Sideways as the Market is the MARKET is Awaiting the outsom of the RBI MPC Meeting. The prabhudas liladher expert said the nifty 50 index needs to break Above 25,000 on a closing basis to turn the syntiment bullish.

Speaking on the outlook of the nifty 50 today, Vaishali Parekh Said, “The Nifty 50 Index Witnessed a Highly Volatile Session with Huge Huge FluCTUCTUAX to Touch 24,,,,900 Level During the INTINDAY Session But Ended Near The 24750 Zone With Profit Booking During The Post-Lunch Session. Support near the 24500 zone, which needs to be sustained; The Index Needs to Breach Above The TOUGH HURDLE Near

“The bank nifty index, amid the valati, failed to cross above the 56000 zone and close almost on a flat note near the 55750 zone, anticipating a positive from the RBI POLICY Annance Earlier, The Index Needs A Decisive Breach Above The 55800 Zone to Give a Breakout Above The Tight Range and Expect a Fresh Move on the UPSIDE. Support of the 54500 Level to MainTain the Overall Bias Intact, “Said Parekh.”

Parekh said that today, the nifty’s immediative support is at 24600, while the resistance is at 25000. The bank nifty will have a daily will have a daily range of 55,300 to 56,200.

Vaishali Parekh’s stock recommendations

Regarding Stocks to Buy Today, Vaishali Parekh Recommended Buying these Three Buy-or-Sell Stocks: HDFC AMC, Religare, and Hindustan Zinc.

1]HDFC AMC: Buy at 4866, target 5100, Stop Loss 4760;

2]Religare: Buy at 230, target 250, Stop Loss 220; and

3]Hindustan Zinc: Buy at 474, target 500, Stop Loss 465.

Disclaimer: The views and recommendations provided in this analysis are that of individual analysts or broking companies, not mint. We Strongly Advise Investors to Consult With Certified Experts Before Making Any Investments Decisions, as Market Conditions Can Change Rapidly and Individual Circumstances May Vary.