(Top Stocks to buy today: Rajesh Palviya of Axis Securities recommends 2 top shares as Sensex and Nifty 50 surge on April 11, 2025. Full analysis inside.)
India’s benchmark indices Sensex and Nifty 50 witnessed a strong upward rally on April 11, 2025, pushing investor sentiment into bullish territory. Amidst this surge, Rajesh Malviya, Senior Vice President – Technical and Derivative Research at Axis Securities, shared his top two stock recommendations for investors looking to capitalize on the ongoing momentum.
Let’s break down what he suggests, why these picks matter, and how you can strategize accordingly.
📈 Market Recap: Sensex and Nifty 50 Rally Strong
On April 11, both indices opened higher and maintained their positive trajectory throughout the session.(Top Stocks)
- Sensex surged over 700 points, crossing the 75,000 mark for the first time.
- Nifty 50 gained 225+ points, closing near the 22,750 level.
- Strong global cues, stable crude oil prices, and FII inflows contributed to the rally.
According to market experts, this upward trend may continue in the short term, with broader participation expected across sectors.
📊 Expert Picks by Rajesh Malviya: Top Stocks to Buy Today
Rajesh Palviya’s Top Stocks recommendations for April 11, 2025, are based on technical breakout levels and positive momentum indicators.
1. ICICI Bank Ltd (NSE: ICICIBANK)
- Buy Range: ₹1,030–₹1,040
- Target Price: ₹1,100
- Stop Loss: ₹995
- Rationale:
- The stock has broken out from a consolidation range on the daily chart.
- RSI and MACD indicators signal bullish strength.
- The banking sector continues to attract buying interest amid strong credit growth.
2. Larsen & Toubro Ltd (NSE: LT)
- Buy Range: ₹3,650–₹3,680
- Target Price: ₹3,850
- Stop Loss: ₹3,570
- Rationale:
- L&T is witnessing a volume-backed move.
- Strong order book and infrastructure tailwinds support price action.
- Positive momentum across capital goods stocks.
📌 Keypress Focus: Top Stocks to buy today, Axis Securities stock picks, ICICI Bank share, L&T stock April 11.
🧐 Why These Top Stocks? Expert Insights
According to Rajesh Malviya, technical strength and macroeconomic alignment play a crucial role in his selection. Here’s why these picks stand out:
- ICICI Bank: Positioned well in the private banking space with improving NIMs and robust retail loan growth.
- L&T: Government infra push and solid Q4 order pipeline expected to boost revenue visibility.
Historical Data:
- ICICI Bank has delivered 12% returns in the last 3 months.
- L&T stock has gained 15% in the past quarter, outperforming the Nifty 50 index.
📌 Quick Snapshot
| Stock | Buy Price Range | Target | Stop Loss | Sector |
|---|---|---|---|---|
| ICICI Bank | ₹1,030–₹1,040 | ₹1,100 | ₹995 | Banking |
| Larsen & Toubro | ₹3,650–₹3,680 | ₹3,850 | ₹3,570 | Infrastructure |
🔁 Sector Overview: Where the Momentum Lies
📊 Banking Sector:
- Driven by Q4 earnings optimism, improved credit off-take, and lower NPAs.
🚧 Infrastructure:
- Capital goods and infra sectors are benefitting from the 2025 Union Budget allocations and upcoming general elections.
For detailed market and budget analysis, visit our article on the Union Budget 2025 impact on sectors (Internal Link).
📢 What Investors Should Keep in Mind
Before investing:
- Follow strict stop-loss discipline.
- Monitor market volatility due to global factors.
- Stay updated on company earnings announcements and macroeconomic data.
📚 FAQs – Top Stocks to Buy Today
Q1. Why did the Sensex and Nifty 50 rise on April 11, 2025?
A: Positive global cues, strong earnings expectations, and robust domestic data lifted market sentiment.
Q2. Is ICICI Bank a good stock to buy now?
A: Yes, based on technical breakout levels and positive momentum, experts suggest it as a strong buy.
Q3. What makes L&T a recommended stock today?
A: Infrastructure boost, strong order inflow, and technical breakout make it a top pick for today.
Q4. Are these short-term or long-term picks?
A: These are short- to medium-term recommendations based on technical charts and market momentum.
Q5. Should I invest in both stocks?
A: Diversification is key. If your risk profile allows, both stocks offer good opportunities based on current trends.
http://Top Gainers & Losers in Nifty 50 This Week
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