Top stocks to buy today (AI image)
Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, Titagarh Rail Systems, ICICI Prudential Life Insurance, and CESC are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for July 3, 2025:Index View: NiftyAfter a bearish engulfing pattern formation at the start of this week, Nifty has been facing selling pressure to rise up further. A retest of sub 25250 is likely to play out in the next 2-3 trading sessions which will also be its retest of cup and handle breakout seen earlier last week. Despite an underlying current being strong lifting the index to 9 month highs and only 3% away from its all-time highs - the MMI greed and fear index for Indian equities has entered the ‘extreme greed’ zone with a reading above 74/100.
Charts have opened up for 26000+ and a support seen at 25250.Bank NiftyBank Nifty has made an engulfing bearish formation yesterday on daily charts. A close just below its trailed support of 57000 has also been claimed in Wednesday’s closing. Charts on the index continue to look stretched and rise between 57150 -57200 are likely to get sold into for lower targets nearing 56300 odd.TITAGARH (BUY):
A fresh 6 month trendline breakout has also been observed last week which is likely to lift the stock 10% higher from its breakout point of 938.ICICIPRULI (BUY):