Nirmal Bang has identified three stocks expected to yield profits within 1-2 days: Vishal Mega Mart, Rain Industries, and Life Insurance Corporation. Learn about their target prices and stop losses.
Stock Market: Following positive signals from global markets, the Indian stock market opened with a surge on Wednesday, April 23, 2025, marking its seventh consecutive day of strength. The benchmark Sensex saw a gain exceeding 500 points, while the Nifty-50 crossed 24,300. The IT sector witnessed significant gains, with stocks like HCL Tech, Infosys, and Tech Mahindra leading the rally.
The BSE Sensex closed at 79,595 on Tuesday, up 187 points (0.24%), while the Nifty50 closed at 24,167, up 41 points (0.17%). FIIs (Foreign Institutional Investors) purchased shares worth ₹1,290.43 crore for the fifth consecutive day, while DIIs (Domestic Institutional Investors) recorded net selling of ₹885.63 crore worth of shares.
Brokerage firm Nirmal Bang has identified three stocks projected to deliver substantial profits within 1-2 days. These stocks are Vishal Mega Mart, Rain Industries Limited, and Life Insurance Corporation of India (LIC). Let's examine their target prices and stop losses:
1. Vishal Mega Mart
Target Price: ₹122
Stop Loss: ₹105
Timeframe: 1-2 days
The brokerage firm has set a target price of ₹122 for Vishal Mega Mart shares, with a stop loss of ₹105. The stock opened at ₹113.10 and has risen by 4.17% in the past week. A buy recommendation is given for 1-2 days.
2. Rain Industries
Target Price: ₹158
Stop Loss: ₹140
Timeframe: 1-2 days
Rain Industries' stock opened at ₹146.30 on Wednesday. The brokerage recommends buying the stock at ₹146.1. The target price is set at ₹158, with a stop loss of ₹140. The stock has seen a 3.08% increase over the past week.
3. Life Insurance Corporation of India (LIC)
Target Price: ₹848
Stop Loss: ₹810
Timeframe: 1-2 days
The brokerage recommends buying LIC stock within the ₹822.7 range for 1-2 days. The target price is ₹848, with a stop loss of ₹810. At 9:45 AM, the stock was trading at ₹819.40, down 0.29% from the previous trading session.
(Disclaimer: This advice is provided by the brokerage firm. Market investments are subject to risks. Consult your financial advisor before investing.)
