Top stocks to buy at the moment: Stock recommendations for August 1, 2025 – check list

Top stocks to buy at the moment (AI picture)

Stock market recommendations: According to Bajaj Broking Research, Axis Bank, and Larsen and Toubro are the highest inventory picks for at the moment. Here’s its view on Nifty, Bank Nifty and the highest inventory picks for August 1, 2025:Index View: NIFTYBenchmark indices stay extremely unstable amid escalating commerce tensions between India and the United States. The heightened uncertainty is primarily pushed by ongoing developments surrounding potential tariff measures. In a latest assertion, US President Donald Trump advised the imposition of a 25% tariff on Indian exports, a transfer that has raised issues throughout markets.This proposed tariff hike has triggered anxiousness amongst traders, who worry the repercussions it may have on bilateral commerce relations and the broader financial outlook. As a consequence, key inventory indices are experiencing sharp fluctuations, reflecting the market’s sensitivity to geopolitical and commerce-associated developments. Market members are carefully monitoring official responses and additional coverage bulletins from each nations to gauge the potential influence on company earnings and financial development.Going forward, index to consolidate within the vary of 24,500-25,000 within the coming periods. While a transfer above 25,000 ranges will open additional upside in direction of the important thing resistance space of 25,250, being the virtually similar excessive of the final 2 weeks.Volatility is anticipated to stay elevated within the coming session, pushed by key macro triggers together with the US- India tariff determination and the RBI charge determination.On the draw back, the 24,600–24,400 zone emerges as a essential demand space, marking a confluence of key technical ranges — the prior swing low, the 100-day exponential transferring common, and the 61.8% Fibonacci retracement of the latest up transfer from 23,935 to 25,669.NIFTY BANKBank Nifty on Thursday session rebounded from the important thing help space of 55,500-55,000 ranges being the confluence of the 100-day EMA and key Fibonacci retracement ranges of the prior up transfer Since April, intermediate corrections have remained shallow whereas the index has constantly held above its 100-day EMA.Structurally, the index is present process a time-clever correction reasonably than a steep worth correction, which is a constructive signal within the context of a prevailing uptrend. The formation of upper base patterns close to the important thing transferring common help zone, together with subdued retracements, implies that stronger arms are using dips to accumulate.Going forward we count on the index to maintain above the help space of 55,500-55,000 ranges and head larger in direction of 57,500 and 58,300 ranges within the coming weeks.Stock Recommendations:Axis BankBuy within the vary of Rs 1050-1070

The inventory after the latest corrective decline is forming base across the 61.8% retracement of the earlier up transfer (933-1238). The inventory offers favorable threat reward arrange for the following leg of the up transfer The inventory has already taken 14 weeks to retrace simply 61.8% of its previous 13 weeks up transfer (933-1238). A shallow retracement indicators a optimistic worth construction. The weekly stochastic has approached an excessive oversold territory with a studying of 08, therefore a technical pullback is probably going within the coming weeks.We count on the inventory to head larger in direction of 1175 ranges being the 61.8% retracement of the 1247-1055.Larsen and ToubroBuy within the vary of Rs 3590-3640

The inventory has generated a breakout above a falling channel containing final one month’s corrective decline with a bullish hole up motion signaling resumption of up transfer.The inventory is at the moment buying and selling above its short- and lengthy-time period transferring averages thus validating optimistic bias from a medium-time period perspective.We count on stocks to keep optimistic bias and head in direction of an all time excessive of 3963 within the coming months, being the measuring implication of the vary consolidation.(Disclaimer: Recommendations and views on the inventory market and different asset lessons given by specialists are their very own. These opinions don’t characterize the views of The Times of India)