- Today's Stock Market: In the week that ended on August 1, 2025, worries about Trump's tariffs caused the benchmark Nifty-50 index to fall by more than 1% to 24,565.35. Realty and pharmaceuticals were among the key underperformers, while FMCG and industrials were among the key outperformers, and the Bank Nifty closed at 55,617.60, down more than 1%. During the week, small- and mid-cap stocks also experienced significant pressure. Setup for Monday's Trades It is anticipated that the region of 24400–24350 will serve as Nifty's immediate support for the Nifty-50 Index. The downside could be further accelerated by a sustained break below this level. On the other hand, according to Sudeep Shah, Vice President & Head of Technical and Derivatives Research at SBI Securities, the 50-day EMA zone of 24900–24950 is now a significant obstacle. According to Shah, the region between 55200 and 55100 will serve as a significant support for the Bank Nifty in the future. Today's global markets and Q1's outcomes Due to important decisions made by the central bank, corporate earnings announcements, and developments pertaining to trade, volatility is anticipated to remain high over the coming week. While taking a defensive stance may be prudent in the short term, selective accumulation in fundamentally strong stocks during downturns can provide favorable opportunities in the long run. The IT and metals industries, in particular, should be approached with caution until U.S. trade policy and macroeconomic trends are better understood. Ajit Mishra, SVP, Research, Religare Broking Ltd., stated that traders will need disciplined risk management and prudent position sizing due to the current technical weakness and external uncertainties. Stocks to buy right now The following eight intraday stocks should be purchased today: CCL Products (India) Ltd., Trent Ltd., Biocon Ltd., Marico Ltd., Central Depository Services (India) Ltd., TVS Motor Company Ltd., Genus Power Infrastructures Ltd., and Waaree Energies Ltd. Market experts Sumeet Bagadia, Executive Director at Choice Broking; Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi; and Shiju Koothupalakkal, Senior Manager of the stocks Sumeet Bagadia recommends CCL Products (India) Ltd.- Bagadia suggests purchasing CCL for approximately 894. 1. For a target price of 957, keep the stop loss at 862. On the daily chart, CCL has a strong bullish trend and is currently trading at 894.10. The stock has printed a bullish candlestick and is nearing a breakout from an ascending triangle pattern. The breakout and the continuation of the uptrend would be confirmed by a decisive close above the key resistance at 915, potentially propelling the stock toward the short-term goal of 957. Related Stories
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2. Trent Ltd-Bagadia recommends buying TRENT at around ₹5180, keeping Stoploss at ₹5000 for a target price of ₹5550.
TRENT is currently trading at ₹5,180, having rebounded strongly from a key support level. On the daily chart, the stock has made a bullish candlestick and passed the crucial resistance level of 5,100, breaking out of a consolidation phase. Rising trading volumes and this breakout point to a possible trend reversal and growing interest in buying. From a technical point of view, the stocks of Ganesh Dongre are to buy right now. 3. Biocon Ltd.-Dongre recommends purchasing Biocon for around 383 yen while maintaining a stop loss of 370 yen and setting a target price of 405. The stock has been moving in a bullish direction in a strong and consistent pattern, pointing to ongoing interest from investors and positive price momentum. The stock is currently trading at 383 yen, with 370 yen serving as a solid support level. The recent price action suggests a reversal from this support, which reinforces bullish sentiment. This level has historically served as a cushion. A price retracement toward the 405 level is suggested by the technical setup in the near future. 4. Marico Ltd.-Dongre recommends purchasing MARICO at around 711 with a target price of 725 and a stop-loss at 700. Stock has displayed a robust, noticeable, and ongoing bullish pattern, providing short-term traders with yet another promising opportunity. The stock is currently trading at a price of 711, with a strong support level of 700. The technical setup indicates the potential for a price retracement towards the ₹ 725 level. Entering at the current market price with a stop-loss at 700 is a prudent strategy for capturing the anticipated upside as the stock reverses from a support base and demonstrates renewed strength. 5. Dongre recommends purchasing Central Depository Services (India) Ltd. (CDSL) at approximately 1478 with a stop loss set at 1450 and a target price of 1540. Stock has displayed a robust, noticeable, and ongoing bullish pattern, providing short-term traders with yet another promising opportunity. The price of the stock is currently 1478 yen, with strong support at 1450 yen. The technical setup suggests that the price could retrace toward the 1540 level. Entering at the current market price with a stop-loss at 1450 is a prudent strategy for capturing the anticipated upside as the stock reverses from a support base and demonstrates renewed strength. Today's Shiju Koothupalakkal intraday stocks 6. TVS Motor Company Ltd-Koothupalakkal recommends purchasing TVS MOTOR for approximately 2858 rupees with a target price of 2970 rupees and a stop loss of approximately 2500 rupees. The stock has shown signs of a decent recovery from the crucial 50EMA at the 2800 level, boosting the bias and indicating that it will likely rise further in the upcoming sessions. The RSI is currently in a good position and has indicated a positive trend reversal, indicating a buy with ample upside potential to continue the upward trend. We recommend purchasing the stock due to the technical appeal of the chart.
7. Genus Power Infrastructures Ltd-Koothupalakkal recommends buying GENUS POWER INFRA at around ₹363.85 for a target price of ₹382, keeping the stop loss at around ₹355.
With a positive candle formation to improve the bias, the stock has experienced a significant pullback from the crucial 200-period MA at the 350 level. We anticipate a further upward movement in the upcoming sessions. We recommend purchasing the stock because the technical picture is favorable and the RSI is currently in a favorable position, indicating a buy signal. There is sufficient volume participation to anticipate a further rise, and the chart looks technical.
8. Waaree Energies Ltd-Koothupalakkal recommends buying WAAREE ENERGIES at around ₹3104, keeping a target price of ₹3250. keeping Stop loss at ₹3045.
The stock has taken support near the important 50EMA zone at the ₹2995 level and has picked up significantly with a bullish candle formation on the daily chart to improve the bias, and we can expect further gains in the coming sessions. The RSI is well positioned and has much upside potential to carry on with the positive move further ahead. We recommend purchasing the stock with a target price of 3250, keeping the stop loss at the 3045 level, given that the technical chart looks favorable. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. Before making any decisions regarding investments, we recommend that investors consult licensed professionals.
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