Stock Market Highlights: April 29, 2025

According to Somil Mehta, Head - Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Canara Bank and Bharat Forge are the top stocks to consider today.

Canara Bank – A Strong Buy

Buy in the range between Rs 98 & Rs 99; Stop Loss: Rs 95.50; Target: Rs 109. Canara Bank has formed a flag pattern, signaling a potential upside breakout. With the momentum indicator showing a positive crossover above the zero line, the stock is expected to continue its upward trend.

Bharat Forge – Breaking Consolidation

Buy in the range between Rs 1110 & Rs 1120; Stop Loss: Rs 1080; Target: Rs 1257. Bharat Forge has broken a small consolidation on the upside, supported by the 20 daily moving average. The momentum indicator's positive crossover suggests a continued upward movement.

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.