Stock Markets Today Live Updates: Stocks to buy: Granules and Suzlon among top bets, here’s why
In today’s market wrap-up, Rupak De, Senior Technical Analyst at LKP Securities, has recommended buying shares of Granules and Suzlon on June 24. This comes as the Nifty 50 target has been raised to 26,500 for December 2025, with a stable outlook for the domestic stock market and economy.
Dharmesh Shah of ICICI Securities has also suggested buying GAIL Ltd and Kajaria Ceramics Ltd this week, highlighting potential opportunities in the market. Additionally, the market capitalization of three of the top-10 most valued firms has risen by ₹1.06 lakh crore, with HDFC Bank and ICICI Bank leading the charge.
In IPO news, the Allied Blenders and Distillers IPO is set to hit the market, offering a fresh issue of ₹1,000 crore and an offer-for-sale of ₹500 crore in equity shares. This comes as ten new companies prepare to launch their IPOs in the coming week, including two on the mainboard segment and seven in the SME segment.
On the commodity front, gold and silver prices are holding steady, with 10 gm of 24 carat gold priced at Rs. 74,637 in Delhi and 1 kg of silver at Rs. 90,850 in the same city. Looking ahead, the market is gearing up for a busy period with macro data, F&O expiry, and global cues among key market triggers as the Nifty eyes 24,000 this week.
Stay tuned to Mint’s market blog for real-time updates on your favorite companies and all things Dalal Street and global markets.
