Which stocks to buy? Titan, Petronet LNG, Balkrishna Industries, other shares analysts recommend

In conversation with Zee Business Managing Editor Anil Singhvi, market experts Sumeet Bagadia, Kunal Saraogi and Ambareesh Baliga share their top stock picks for March 15. On their 'buy' list are including Titan, Petronet LNG and Balkrishna Industries.

The Indian markets on Wednesday snapped four days declining trend to open in the green - Image Source: Pixabay

Stocks to buy today: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Sumeet Bagadia, Kunal Saraogi and Ambareesh Baliga share their top recommendations for the March 15 session. On their 'buy' list are stocks such as Titan and Petronet LNG.

Here's what Sumeet Bagadia, Kunal Saraogi and Ambareesh Baliga recommend for the March 15 session in this instalment of the special 'Pick of the Day' segment on Zee Business:

Buy Titan shares | Target: Rs 2,400/2,425 | Stop loss: Rs 2,320

Choice Broking Executive Director Sumeet Bagadia believes Titan looks good on the charts with support at Rs 2,320. The stock is in a position to bounce back towards targets to the tune of Rs 2,400 and Rs 2,425.

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Titan shares bucked the trend on Tuesday as headline indices dropped to five-month closing lows.

Buy Petronet LNG shares | Target: Rs 235/240 | Stop loss: Rs 226

Market expert Kunal Saraogi is of the view that Petronet LNG shares have shown good momentum. He suggests investors to adopt a buy-on-dips strategy to go long on Petronet for targets of Rs 235 adn Rs 240 with a stop loss at Rs 226.

Buy Balkrishna Industries shares | Target: Rs 2,550

Independent market expert Ambareesh Baliga recommends going long on Balkrishna Industries. The tyre company with a diversified portfolio has a presence in 160 countries, and supplies to major original equipment manufacturers (OEM) with a distribution network across the globe, he points out.

The December quarter earnings of the company were quite disappointing, but the upcoming quarter is expected to be good, adds Baliga, who expects the company’s margin to improve amid softening input costs and increasing capacity.

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