Even though global markets are under pressure due to economic and geopolitical issues Indian stock markets are still showing strong opportunities. Recently Vaishali Parekh Vice President of Technical Research at Prabhudas Lilladher and brokerage firm Motilal Oswal shared their latest stock recommendations. These stock calls reflect positive sentiment for select sectors and companies.
Vaishali Parekh’s Top 3 Stock Picks
Vaishali Parekh is a well known name in the Indian stock market. She regularly gives technical insights and has flagged three “Buy” calls that could deliver good returns if market conditions remain stable.
1. Tata Steel
- Sector: Metals and Mining
- Recommendation: Buy
- Reason: Technical breakout strong support near ₹170–175
- Target Price: Around ₹195–200
Tata Steel has recently shown a positive pattern on the chart which experts call a “breakout.” This means the stock has moved above a certain resistance level indicating the potential for further upward movement. Also the metal sector has seen increased demand especially with China slowly reopening its economy.
2. IndusInd Bank
- Sector: Banking
- Recommendation: Buy
- Reason: Bullish setup, steady financials
- Target Price: ₹1600+
IndusInd Bank has been moving steadily upward. The technical charts show a healthy trend and the bank’s fundamentals are also strong with consistent earnings and improving asset quality. The banking sector in general has been benefiting from strong credit growth in India.
3. Siemens
- Sector: Capital Goods / Engineering
- Recommendation: Buy
- Reason: Positive chart setup strong order book
- Target Price: ₹7000+
Siemens is a global leader in industrial technology. In India the company is gaining from increased government focus on manufacturing and infrastructure. With a strong order pipeline and positive chart structure Parekh believes this stock has potential for a strong rally.
Motilal Oswal’s Bullish Calls
Motilal Oswal one of India’s top brokerage firms also sees opportunities in select midcap stocks. Despite worries in global markets such as U.S. inflation and the Israel Iran conflict Indian domestic growth remains stable. Here are two companies that Motilal Oswal is bullish on:
1. Home First Finance Company (HFFC)
- Sector: Housing Finance
- Recommendation: Buy
- Target Price: ₹1200+
- Why It Stands Out:
- Focuses on affordable housing loans
- Strong customer base in smaller cities and towns
- High loan growth and good asset quality
HFFC has built a niche by providing home loans to the affordable housing segment. This includes salaried and self employed people in Tier-2 and Tier-3 cities. With government support for housing and rising demand for homes the company is expected to perform well.
Motilal Oswal noted that HFFC has a strong track record of maintaining low non performing assets (NPAs) which is a key metric in evaluating any finance company.
2. Kaynes Technology
- Sector: Electronics Manufacturing
- Recommendation: Buy
- Target Price: ₹3000+
- Why It Stands Out:
- Part of India’s growing electronics manufacturing push
- Works with many global clients
- High-margin business with potential for exports
Kaynes Technology is part of India’s emerging electronics manufacturing sector. The company has expertise in design led electronics solutions and serves several industries like automotive, healthcare and defense.
The Indian government’s Production Linked Incentive (PLI) scheme for electronics manufacturing is expected to benefit companies like Kaynes. With rising export demand and strong domestic orders this company is seen as a long term growth story.
Why These Calls Matter
These stock picks are not just based on short term trends. They reflect deeper themes in the Indian economy:
- Domestic Growth: India’s economy is expected to grow faster than most global peers thanks to stable consumption government investments and lower inflation.
- Focus on Infrastructure and Housing: Companies in capital goods and housing finance are expected to benefit from increased government spending and rising middle class demand.
- Supportive Policy Environment: Government initiatives like Make in India, Digital India and PLI schemes are creating long term opportunities for Indian companies.
Things to Keep in Mind
While these recommendations come from respected market experts it is important for investors to do their own research or talk to a financial advisor. Here are a few tips before investing:
- Set Goals: Know whether you are investing for the short term or long term.
- Check Risk: Understand how much risk you are comfortable with.
- Diversify: Don’t put all your money in one stock or one sector.
- Monitor News: Keep an eye on market news and company updates.
Final Thoughts
Despite the uncertain global market conditions India continues to present strong stock opportunities for investors. Experts like Vaishali Parekh and firms like Motilal Oswal are focusing on sectors and companies that are aligned with India’s growth path.
From heavyweights like Tata Steel and IndusInd Bank to midcap gems like Kaynes Technology and Home First Finance the market offers multiple options depending on your investment style and time horizon.
Always remember that stock markets carry risks but with informed decisions and discipline they can also help grow your wealth steadily over time.