Sensex on strong footing; 5 stocks to buy which can give up to 3 percent return today

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26 Aug, 2025 12:21

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By Abnish Kumar Sudhanshu

Positive bias remained intact in the market as Nifty50 opened with upside momentum on Monday which was continued from the previous session.

The Nifty50 closed at the highest level on the first trading session of the week at 10,077 by gaining 63 points. It is the fourth consecutive close above psychological mark of 10,000.

The S&P BSE Sensex also managed to mark its closing above 32,500 for the first time and gained 205 points for the day.

At present, the market is not generating any signal of reversal. So, traders need to get cautious while entering any long at these higher levels.

Here is a list of top five stocks which investors can buy today:

Power Grid Corporation: BUY| Target Rs228| Stop Loss Rs219| Return 2 percent

The stock has gained strong upside momentum in Monday’s trading session and closed at Rs223.3 which is a level above its resistance of Rs220.

Recently, the counter faced a very strong support which was provided by 20-DMA whereas the RSI and MACD have generated fresh upside signal on the daily charts.

L&T: BUY| Target Rs 1,216| Stop Loss Rs 1,182| Return 2 percent

The stock witnessed gap-up opening in the first trading session of the week and closed higher with the gains of 2.8 percent during intraday.

The counter closed with a Doji formation and above its immediate resistance of Rs1,191 leaving more room for upside in the coming few sessions.

Bank of India: BUY| Target Rs 172| Stop Loss Rs 162| Return 3 percent

The stock witnessed a fresh upside breakout in the Monday’s trading session as the counter crossed and closed above its two month’s high level with a bullish candle on the daily charts. The momentum indicators also generated a fresh signal of more upside from the present levels.

Bata India: BUY| Target Rs 598| Stop Loss Rs 580| Return 1.7 percent

The stock touched its short term moving average in the previous session and jumped on the higher side in Monday’s session. It ended with the second consecutive daily gains with fresh upside breakout generated by RSI and MACD.

Manappuram Finance: BUY| Target Rs 110.50| Stop Loss Rs 104| Return 3.5 percent

The stock gained for the second consecutive session on Monday as it took strong support near its 20-days moving average in the previous session and bounced back just after touching those lower levels.

Fresh upside breakout in RSI and MACD both are supporting some more positive momentum in the coming sessions.

Disclaimer: The author is Director & Research Head, Amrapali Aadya Trading & Investments. The views and investment tips expressed by investment experts on moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.