Top Stocks to Buy in the Indian Market for Short-Term Gains

Indian Stock Market Continues to Surge: Top Stocks to Consider Buying

The Indian stock market has been on a remarkable upward trend, with benchmarks Nifty 50 and Sensex reaching new highs in morning trade on Monday, May 27. Despite concerns over valuation and election-related uncertainties, experts believe that the market’s buoyancy will continue in the coming weeks.

According to Ajit Mishra, SVP of research at Religare Broking, the Nifty is expected to move towards the 23,150-23,400 range soon. While there may be short-term volatility as the Lok Sabha election result day approaches, Mishra recommends a stock-specific trading approach, favoring large and mid-cap stocks for short-term trades.

Several analysts have identified potential stocks that could provide double-digit returns in the short term. Tata Motors, Tata Consumer Products, Larsen & Toubro, PNB Housing Finance, Atul, Samvardhana Motherson International, Ramco Industries, Saurashtra Cement, and Latent View Analytics are among the top picks.

These stocks have shown strong technical indicators and are poised for growth in various sectors such as automotive, housing finance, construction materials, and data analytics. With the market at record high levels, these stocks present attractive opportunities for investors looking to capitalize on the current market momentum.

It is important to note that the views and recommendations mentioned are those of individual analysts, experts, and brokerage firms. Investors are advised to consult certified experts before making any investment decisions to ensure informed and strategic investment choices.