Stock Market Recommendations for August 1, 2025

According to Bajaj Broking Research, Axis Bank and Larsen and Toubro are the top stock picks for today. Here’s a detailed view on Nifty, Bank Nifty, and why these stocks stand out.

Index View: NIFTY

Benchmark indices are experiencing high volatility due to escalating trade tensions between India and the United States. A proposed 25% tariff on Indian exports by US President Donald Trump has raised concerns, leading to sharp market fluctuations.

Investors are closely monitoring the situation, as the Nifty is expected to consolidate between 24,500-25,000 in the coming sessions. A move above 25,000 could signal further upside towards 25,250.

NIFTY BANK

The Bank Nifty has rebounded from key support levels, indicating a constructive sign for the prevailing uptrend. The index is expected to hold above 55,500-55,000 and aim for 57,500 and 58,300 in the coming weeks.

Stock Recommendations

Axis Bank: Buy in the range of Rs 1050-1070 with a target of Rs 1175. The stock shows a favorable risk-reward setup for the next upward move.

Larsen and Toubro: Buy in the range of Rs 3590-3640, targeting Rs 3960. The stock has broken out of a falling channel, signaling a resumption of its upward trend.

Disclaimer: The recommendations and views are those of the experts and do not represent the views of The Times of India.