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The Indian stock market snapped two days of decline and ended higher on Wednesday, with the Nifty 50 index gaining 58 points to close at 23,322. The Bank Nifty index ended 189 points higher at 49,895.
Vaishali Parekh of Prabhudas Lilladher recommended three stocks to buy today: Bombay Dyeing, Coal India, and PEL.
Parekh said that Nifty has witnessed a consolidation phase since the last three sessions, with the 23,400 zone acting as a tough barrier.
Parekh added that Nifty's immediate support is at 23,200, while the resistance is at 23,500.
The Bank Nifty would have a daily range of 49,600 to 50,400.
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We advise investors to check with certified experts before making any investment decisions.
Source: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 13