logo
​Stocks to buy today: ICICI Bank, RIL among top 10 trading ideas for 27 June 2025

​Stocks to buy today: ICICI Bank, RIL among top 10 trading ideas for 27 June 2025

Indian market is likely to trade higher on Friday tracking positive global cues.
ADVERTISEMENT The Nifty future closed positively with gains of 1.20% at 25554 levels on Thursday. India VIX fell nearly 3% to close at 12.59 in the previous session.
On the options front, the maximum Call OI is placed at 25500 and then towards 26000 strikes while the maximum Put OI is placed at 25500 and then towards 25200 strikes.
Call writing is seen at 25500 and then towards 26000 strikes while Put writing is seen at 25500 and then towards 25200 strikes.
'Options data suggests a broader trading range in between 24000 to 26000 zones while an immediate range between 25300 to 25700 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. 'Nifty formed a bullish candle on the daily frame on Thursday with a breakout from the consolidation and has been forming higher lows from the last five sessions,' he said.
ADVERTISEMENT 'Now the index has to hold above 25500, for an up move towards 25750 and 25850 zones while supports have shifted higher to 25350 then 24250 zones,' recommended Taparia.
We have collated stocks from various experts for traders who have a short-term trading horizon:
Expert: Amol Athawale, VP - Technical Research at Kotak Securities
ADVERTISEMENT RIL: Buy| Target Rs 1540| Stop Loss Rs 1470National Aluminum: Buy| Target Rs 200| Stop Loss Rs 190
ADVERTISEMENT Bajaj Auto: Buy| Target Rs 8680| Stop Loss Rs 8300Axis Bank: Buy| Target Rs 1270| Stop Loss Rs 1210
ADVERTISEMENT Expert: Sharan Lillaney, Independent SEBI Research AnalystShriram Finance: Buy| Target Rs 733| Stop Loss Rs 673National Aluminum: Buy| Target Rs 203| Stop Loss Rs 185Union Bank of India: Buy| Target Rs 158| Stop Loss Rs 138
Expert: Kunal Bothra, Market Expert told ETNow Tata Steel: Buy| Target Rs 168| Stop Loss Rs 156ICICI Bank: Buy| Target Rs 1490| Stop Loss Rs 1420SAIL: Buy| Target Rs 139| Stop Loss Rs 129
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
(You can now subscribe to our ETMarkets WhatsApp channel)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Man with ₹50 LPA package laid off from US startup struggles to land job despite experience: 'I'm lost'
Man with ₹50 LPA package laid off from US startup struggles to land job despite experience: 'I'm lost'

Hindustan Times

time26 minutes ago

  • Hindustan Times

Man with ₹50 LPA package laid off from US startup struggles to land job despite experience: 'I'm lost'

A man has turned to Reddit to share his job hunt struggles after being laid off from a US-based startup, citing that his unusually high salary, negotiated during the Covid-19 boom, has now become a major obstacle in securing new employment. Laid off from a US startup, a man shared how his ₹ 50 LPA pay became a hurdle in job hunts.(Representational image/Unsplash) (Also read: 'I think people severely underestimate India': US founder praises India's booming startup scene) The user, going by the handle @Pristine-Safety2462, posted in a career advice forum with the title: 'Just got laid off from a US based startup. My CTC is way higher than Indian benchmarks. Am I completely screwed?' In his detailed post, he explained, 'Hey Guys, need some advice on what can I do now. So I joined a startup during COVID days. Negotiated a high CTC (50 LPA), with 4 years of experience. But the startup wasn't doing well in the last year or so, and finally got laid off last week.' He added that although he now has eight years of consulting experience in the SaaS/IT space, recruiters are hesitant once they hear his current package. 'I know I can't expect this much (since I'm non-IIT/IIM and not a coder) but it doesn't seem to matter. I have been telling recruiters that I am open to taking a pay cut, but no one has shown interest so far.' Despite actively applying for roles over the past six months, he claims there has been 'no interest beyond the first call so far.' His main concern now is whether disclosing a lower CTC upfront could backfire during the hiring process. 'If I mention a lower CTC during initial calls, wouldn't it just come up when I share my payslips and offer letter? I'm lost.' Check out the post here: Comments offer mixed suggestions The post received mixed responses from other Reddit users, reflecting a shared sentiment around job market challenges and compensation expectations. One Redditor commented, 'They're afraid you'll keep looking after accepting their offer and then bail. You should clarify that you're aware your CTC was inflated and you're committed. Even offer a 2-year bond if necessary.' Another user advised, 'Never say your pay was above your value. That was the price of risk during Covid. But yes, a bond could help ease employer concerns.' Some highlighted the ongoing correction of Covid-era salaries. 'Take a max of 10-15% cut,' one person suggested, while another added, 'I've met 15 people making 50-60 LPA, and only three were IITians.' (Also read: 'Complete breakdown during video call': Bengaluru man hospitalised after CEO's brutal outburst) A different user suggested a temporary solution: 'What you need is a stopgap employment — a friend, uncle, someone who can offer a short-term job just to normalise your CTC. Then jump.' Another echoed, 'Work via references and network for your job. That works much better.' Meanwhile, a final user noted, 'You're telling us you didn't get any increment during your four years at the startup — that could raise doubts too.'

India imposes restrictions on jute imports from Bangladesh amid trade concerns
India imposes restrictions on jute imports from Bangladesh amid trade concerns

New Indian Express

timean hour ago

  • New Indian Express

India imposes restrictions on jute imports from Bangladesh amid trade concerns

NEW DELHI: India has imposed immediate restrictions on the import of jute and allied fibre products from Bangladesh, in a move reflecting growing tensions in bilateral trade relations. The new measures apply to all land and seaports across the country, with the sole exception of the Nhava Sheva seaport in Maharashtra, according to a notification from the Directorate General of Foreign Trade (DGFT). The restrictions, however, will not apply to goods exported by Bangladesh to Nepal and Bhutan. At the same time, the re-export of such Bangladeshi goods from Nepal or Bhutan into India 'will not be allowed,' the notification clarified. Under the South Asian Free Trade Area (SAFTA) agreement, Bangladesh's jute exports currently enjoy duty-free access to the Indian market. However, the Indian jute industry has long raised concerns over the adverse impact of dumped and subsidised imports, particularly of jute yarn, fibre, woven fabrics, and bags originating from Bangladesh. 'This has placed the Indian industry at a disadvantage, as there is credible evidence that Bangladeshi jute exports continue to benefit from government subsidies,' a source familiar with the matter said.

Nifty, Bank Nifty Futures signal strong upside as bulls take charge
Nifty, Bank Nifty Futures signal strong upside as bulls take charge

Hans India

timean hour ago

  • Hans India

Nifty, Bank Nifty Futures signal strong upside as bulls take charge

Nifty 50 and Nifty Bank indices surged 2.1% each last week, supported by strong futures and options (F&O) data that signals sustained bullish sentiment. Nifty 50 Futures Outlook Nifty July futures closed at 25,750, posting a 2.2% weekly gain. This rally was backed by a sharp rise in open interest, which more than doubled to 151 lakh contracts—indicating a fresh long build-up. The July Put-Call Ratio (PCR) stands at 1.20, while the August contract is at 1.30. A PCR above 1 suggests stronger put writing activity, a common sign of bullishness. From a technical standpoint, Nifty July futures broke out above the resistance at 25,400, confirming bullish momentum. The next target is 26,500, and if this level is breached, a further rally to 27,000 is likely. Support Levels: 25,400 (immediate) 25,150 (21-day moving average) Strategy: Continue holding long positions in Nifty July futures with a stop-loss at 25,300. If the contract crosses 26,000, raise the stop-loss to 25,700 and book profits at 26,500. Nifty Bank Futures Outlook Bank Nifty July futures ended at 57,648, also up by 2.1% last week. Open interest jumped fivefold to 23 lakh contracts, confirming strong long positions. PCR readings for July and August are 1.10 and 2.20 respectively—both pointing to a bullish stance. However, the contract is nearing a resistance zone between 57,800 and 58,000. If there's a pullback, 57,000 can act as a buying opportunity before another upward move begins. A breakout above 58,000 can take the contract to 60,000. While 59,000 might be a minor hurdle, the current momentum suggests it could be crossed smoothly. Support Levels: 56,800 (23.6% Fibonacci retracement) 56,300 (next key support) Strategy: Exit the long position (initiated at 56,330) around current levels due to nearby resistance. Re-enter only on: A breakout above 58,000 – Buy with a target of 60,000 and stop-loss at 57,000 A dip to 57,000 – Buy with a stop-loss at 56,300, and same target of 60,000 Options Strategy: Exit the 58,000 Call (bought at ₹397) at current ₹706 levels. Consider buying an at-the-money call again on a breakout above 58,000 or a dip to 57,000. Both indices show bullish setups backed by F&O data, but traders should watch key levels closely for confirmation before entering fresh positions.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store