Sensex, Nifty scale new peak: Analysts pick top stocks for investors

Indian markets saw renewed interest in select large-cap and mid-cap counters today, with analysts pointing towards a mix of auto, engineering, IT and metal stocks showing improving trends. The tone remained stock-specific, with experts suggesting that individual ideas currently offer better clarity than broad sector calls.

Speaking on the market mood, Rajesh Palviya of Axis Securities said that Tata Motors continues to stand out among large caps. He noted that valuations look comfortable, and passenger vehicle demand remains strong. With new launches lined up and the Jaguar Land Rover (JLR) issues expected to ease, he considers the stock a top pick in the auto space.

In the mid-cap and small-cap segments, Palviya highlighted PG Electroplast, citing the company’s potential to clock healthy growth over the next 18–24 months. He also pointed to Triveni Turbine, which has been receiving strong traction thanks to new product launches. Some of these turbine products are among the first of their kind globally, he added.

On metals, technical analyst Shailendra Bhatnagar observed that this space is showing signs of coming back into action. He pointed to a sharp reversal in GMDC, which recently witnessed a bounce in its stock prices. He added that National Aluminium also looks strong on the charts and could be considered by investors looking to play a metal recovery.

In the capital markets segment, he noted continued strength in MCX, while CAMS and CDSL, both critical back-end service providers for mutual funds and demat accounts, are attracting long-term institutional interest. In real estate, Anant Raj was flagged as another stock performing well.

(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)