Stock Market Recommendations

According to Bajaj Broking Research, Equitas Small Finance Bank and Medi Assist Healthcare Services are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for July 11, 2025:

Index View: NIFTY

Indian equity benchmarks traded within a narrow consolidation band last week, reflecting subdued investor sentiment amid heightened uncertainty surrounding the India-US trade negotiations and the commencement of the Q1 FY26 earnings season.

We anticipate the index to gradually trend higher and retest the 25,800 zone in the coming weeks, provided it continues to sustain above the crucial support band of 25,000–25,200.

NIFTY BANK

Bank Nifty traded within a narrow consolidation band last week, reflecting subdued investor sentiment amid heightened uncertainty surrounding the India-US trade negotiations and the commencement of the Q1 FY26 earnings season.

The index continues to trade above its 20-day EMA—a level it has consistently respected since April—signaling that the underlying bullish trend remains firmly intact.

Stock Recommendations

Equitas Small Finance Bank: Buy in the range of Rs 64.00-66.00. Target: Rs 75.00. SL: 58. Return: 15%. Time Period: 3 Months.

Medi Assist Healthcare Services: Buy in the range of Rs 570-587. Target: Rs 649. SL: 538. Return: 12%. Time Period: 3 Months.