Stock Market Recommendations

According to Bajaj Broking Research, Lemon Tree Hotels and Electrosteel Castings are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for April 25, 2025.

Index View: NIFTY

Benchmark indices traded in a range with corrective bias on the Monthly expiry session on Thursday after surging nearly 9% over the preceding seven sessions, fueled by a mix of positive factors. Heavyweight stock buying, a weakening U.S. dollar, and declining crude oil prices boosted overall investor sentiment.

The rally gained further traction with progress in trade talks with the U.S. and the extension of reciprocal tariff exemptions.

NIFTY BANK

Bank Nifty after a strong rally of 5,800 points or 11% in just seven sessions, witnessed marginal profit booking in the last two sessions. The recent rally was led by robust institutional accumulation in frontline banking counters and a notable revival in FII inflows—reflecting a clear risk-on undertone.

Stock Recommendations:

Lemon Tree Hotels: Buy in the range of Rs 143-146. Target: Rs 162, SL: 134, Return: 12%, Time Period: 3 Months.

Electrosteel Castings: Buy in the range of Rs 108.00-111.00. Target: Rs 128, SL: 99.5, Return: 16%, Time Period: 3 Months.

Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.