Stocks to buy: Bank of Baroda, Motherson Sumi, BHEL, Shilpa Medicare and more

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 7 points at the opening bell on Monday. Shares of TCS will react to its Q2 result which came after market hours on Friday, 8 October 2021. Overseas, Asian stocks traded higher as stocks in Hong Kong led gains regionally. Mainland Chinese stocks were also higher. Travel stocks in Singapore surged after Singapore authorities announced over the weekend that more “vaccinated travel lanes” are set to open with 8 more countries. Markets in South Korea are closed on Monday for a holiday. US stock indices ended lower Friday with technology stocks under pressure as bond yields rose after a monthly report on the labour market came in much weaker than expected.

Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.

Recommendations by: Ajit Mishra, Religare Broking

Apollo Tyre | Buy | Stop loss: Rs 228 | Target price: Rs 246

Divi’s Labs | Buy | Stop loss: Rs 4985 | Target price: Rs 5,210

Motherson Sumi | Buy | Stop loss: Rs 228 | Target price: Rs 250

Recommendations by: Mazhar Mohammad, Chartview India

Bank of Baroda | Buy | Stop loss: Rs 82 | Target price: Rs 97

BHEL | Buy | Stop loss: Rs 62 | Target price: Rs 72

Shilpa Medicare | Buy | Stop loss: Rs 569 | Target price: Rs 645

(Disclaimer: Stocks recommendations by experts or brokerages are their own and not those of the website or its management. Money9.com advises market participants to check with certified experts before taking any buy, sell or hold decisions.)