Stock Market Recommendations for May 6, 2025

According to Somil Mehta, Head - Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Aurobindo Pharma and IRCTC are the top stocks to consider buying today.

Aurobindo Pharma – A Strong Buy

Buy in the range between Rs 1240 & Rs 1250; Stop Loss: Rs 1202; Target: Rs 1356. Aurobindo Pharma has formed a flag pattern and is expected to break out on the upside. The momentum indicator has also given a positive crossover above the zero line.

IRCTC – Breaking Consolidation

Buy in the range between Rs 760 & Rs 770; Stop Loss: Rs 745; Target: Rs 802. IRCTC has broken a small consolidation on the upside. The stock has been consolidating since last week and has taken support at 20 daily moving average.

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.