BTST/STBT Calls: Experts Suggest Promising Stocks for Investment After Strong Market Performance on January 29

On January 29, the Sensex and Nifty closed at the upper levels of the day. The Sensex rose by 632 points, closing at 76,533, while the Nifty increased by 206 points to end at 23,163. All sector indices, except for FMCG, posted gains today.

There was a notable rise in midcap and smallcap stocks as well. The Sensex saw buying in 24 out of 30 stocks, while 40 out of 50 Nifty stocks experienced an uptick. Similarly, 10 out of 12 Nifty Bank stocks were active in the market. Before the market closed, experts recommended BTST (Buy Today, Sell Tomorrow) and STBT (Sell Today, Buy Tomorrow) calls for investors and traders, indicating potential for good earnings.

BTST Calls

Havells

Experts suggest buying Havells at Rs 1,529, with a target price of Rs 1,560. A stoploss should be set at Rs 1,515.

Shriram Finance

For Shriram Finance, the recommendation is to buy at Rs 553, targeting Rs 574. It’s advised to set a stoploss at Rs 544.

Cummins India

In the case of Cummins India, purchases should be made at Rs 2,845, with a target of Rs 2,920. A stoploss should be placed at Rs 2,820.

Ujjivan Small Finance Bank

For Ujjivan Small Finance Bank, buying is recommended at Rs 33.65, with an upside target of Rs 36. A stoploss should be installed at Rs 32.5.

SRF

Lastly, for SRF, the buying level is suggested at Rs 2,670, aiming for a target of Rs 2,740. A stoploss should also be placed at Rs 2,610.