Buy or sell: Vaishali Parekh recommends three stocks to buy today — January 23

livemint.com:

Buy or sell stocks for today: After showing a reasonable upside bounce from the lows in the last two straight sessions, the Indian stock market shifted into a consolidation on the special trading session of Saturday. Nifty 50 index ended 49 points lower at 21,571 level, and the BSE Sensex shed 77 points and closed at 71,423 mark.

However, the Bank Nifty index gained 316 points and closed at 46,058 level. Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that the Nifty 50 index has witnessed a decent pull-back from its recent lows around the 21,300 mark the 50-stock index is facing a hurdle around the 21,720 zone.

However, the Prabhudas Lilladher expert maintained that the Indian stock market may become bullish once the Nifty 50 index breaches the 21,800 mark decisively. Also Read: Medi Assist IPO listing date today.

GMP, experts signal positive debut of shares On stocks to buy today, Vaishali Parekh recommended three intraday stocks for today — Kiri Industries, Meghmani Organics, and Torrent Pharmaceuticals. On the outlook for the Nifty 50 index, Vaishali Parekh said, "Nifty, as mentioned earlier, witnessed a decent pullback from the low made near 21,300 zones and resisted near the 21,720 levels to witness some profit booking and slipping to some extent to end near the 21,570 levels.