Best Stocks To Buy Now for Best Returns

 Stocks to Buy Today: Best Business Experts Share Their Recommendations

 Are you looking to invest in the stock market but are not sure which stocks to buy today? Don't worry, as Zee Business Managing Editor Anil Singhvi has got you covered. In a recent segment, Singhvi talked to market experts Rakesh Bansal, Sumeet Bagadia, Kunal Saraogi, and Ambareesh Baliga to get their top recommendations for the March 22 session. Here are the stocks they recommend buying today:

IDFC- A Promising Stock on Technical Charts

Market expert Rakesh Bansal recommends buying IDFC shares as the company has established a rounding bottom pattern formation in the last four sessions. Additionally, the company has completed all stages of 'Corporate Simplifications' and is likely to be amalgamated with IDFC First Bank by the end of FY23. This makes IDFC a promising stock to invest in.

Bank of Baroda- A Momentum Stock with Good Correction

Kunal Saraogi, another Zee Business panelist, believes that the correction in Bank of Baroda has completed as the stock is hovering towards a support zone. He expects the stock to extend its gaining streak after a major bounce shown on Tuesday and recommends investors to 'buy' Bank of Baroda shares.

Buy Bank of Baroda shares | Target: Rs 169/172 | Stop loss: Rs 159.5

Ambuja Cements- A Stock Showing a Bounce Back

Sumeet Bagadia, the Executive Director of Choice Broking, suggests buying Ambuja Cements shares as they have shown a bounce back on the chart and are in a consolidation phase for the last few days. Bagadia expects a possible upside movement and suggests investors to buy expecting a pullback in the stock from the current price.

Buy Ambuja Cements shares | Target: Rs 380/390 | Stop loss: Rs 360

Bharat Forge- A Leader in Auto Components Export

Market expert Ambareesh Baliga recommends buying Bharat Forge shares as the company is a leader in auto components export and reported good earnings growth in the December quarter of this fiscal. Moreover, the company is expanding its presence in the electric vehicles and defense segment, which would be major exponential growth drivers for the company in the future. Baliga also believes that the robust demand for passenger and commercial vehicles would eventually aid Bharat Forge in the long term.

Buy Bharat Forge shares | Target: Rs 1,050

Conclusion

In conclusion, these four stocks - IDFC, Bank of Baroda, Ambuja Cements, and Bharat Forge - are the top recommendations from the experts for the March 22 session. If you are looking to invest in the stock market today, consider adding these stocks to your portfolio.

FAQs

1. What are the recommended stocks for the March 22 session?

The recommended stocks for the March 22 session are IDFC, Bank of Baroda, Ambuja Cements, and Bharat Forge.

2. Why is IDFC considered a promising stock on technical charts?

IDFC is considered a promising stock on technical charts as it has established a rounding bottom pattern formation in the last four sessions, according to market expert Rakesh Bansal.

3. Why is Bharat Forge a leader in auto components export?

Bharat Forge is a leader in auto components export due to its expanding presence in the electric vehicles and defense segment, according to market