Sumeet Bagadia recommends three Indian stocks to buy
Sumeet Bagadia has recommended three stocks to buy on March 17, 2025: Kotak Mahindra Bank, REC, and Sun Pharmaceuticals. This comes after the Indian stock market declined due to weak global sentiments, with the Nifty 50 index dropping 73 points. Kotak Mahindra Bank is suggested for purchase at ₹ 1985.10, targeting ₹ 2125, with a stop loss at ₹ 1920. REC is recommended at ₹ 52.65, aiming for ₹ 56, with a stop loss at ₹ 51. Sun Pharmaceuticals is advised at ₹ 1683.45, targeting ₹ 1800, with a stop loss at ₹ 1610. The market has shown a cautious trend, with declining shares outnumbering advancing ones. Investors are advised to consider these stocks based on their technical strength and current market conditions.