Buy or Sell: Vaishali Parekh Recommends Three Stocks to Buy Today - 9 June 2025

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Buy or sell stocks: Helped by a double bonanza from the reserve bank of India (RBI), The Indian Stock Market Witnessed A Sharp Rally on Friday, with the Benchmark Indices – The Sensex and the NIFTY 50 – The NIFTY 50 – Enarly 1% Higher Each.

Sanjay Malhotra-LED Monetary Policy Committee (MPC) Cut the key lending rate by 50 basis points, exceding the wedly expected 25 Basis Point Reduction. It also also Unexpectedly Reduced the Cash Reserve Ratio (CRR) Requirement for Banks by 100 BPS and Shifted Its Policy Stance to Neutral From Accommodative.

Against this backdrop, bse sensex jumped 746.95 points, or 0.92%, to settle at 82,188.99. The 50-share nse nifty reclaimed the 25,000-level and climbed 252.15 points, or 1.02 per cent, to settle at 25,003.05. The benchmarks also recorded their first weekly Gain after two straight weeks of decline.

Rate-sensitive sector Led Gainers, with the realty index climbing 4.74%, Auto index 1.50%, and the bankex 1.25%.

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The BSE Midcap and Smallcap indices also rectified Gains, however, they trailed the benchmark sensex. The Mid-Cap Index Rose 0.91% whose Small-Cap Index was up 0.43%. The advance-decline ratio also favorite buyers.

The sharp raly in trade on Friday also added 3.6 Lakh Crore to Investor Wealth, Taking the Market Capitalization of all bse-listed firms to 451.13 Lakh Crore.

Stock market today

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes both nifty 50 and bank nifty are poised for furter gains in the coming days folling a sharp rally The Technical Analyst Further Predicts That Nifty 50 will cross the 26,000 levels once the 25,116 zone is decisively breaking.

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Speaking on the outlook of the nifty 50 today, Vaishali Parekh Said, “Nifty indicated a strong bullish candle on the daily chart post the rbi policy utcom, which boosted boosted the MARKET SENTEDEMENTED THE MARKET SENTED Closed on a Strong Note Above The 25000 Level to Anticipate for Further Rise in the Coming Days. And on the recent peak of 25116 zone is breeded decisively, one can expect fresh targets of 25600 and 26000 levels in the coming days. “

Commenting on the outlook for nifty bank, the prabhudas lilladher analyst said, “Bank nifty gave a strong breakout Above the touth resistance of 55,800-56,000 zone with a bulish candle formation Chart to enter a new territory and can expert for further upward movement in the coming days. The Benchmark Index and Can Anticipate for Fresh UPSide Targets of 57700 and 60000 Levels in the Coming Days. “

The support for the day is seen at 24800 levels while the resistance is seen at 25300 levels, parents, adding that we adding that bank nifty would have the Daily Range of 56000-57300 LEVELS.

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Vaishali Parekh’s stock recommendations

Regarding Stocks to Buy Today, Vaishali Parekh Recommended Buying these three stocks: jaiprakash power ventures, vedanta and bandhan bank.

1) Jp power: Buy at 16.2, for a target of 20, and keep a stop loss at 15.5

2) Vedanta: Buy at 448, for a target of 470, and keep a stop loss at 435

3) Bandhan Bank: Buy at 174, for a target of 183, and keep a stop loss at 169

Disclaimer: The Views and recommendations provided in this analysis are that of individual analysts or broking companies, not minutes. 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.

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