Top stocks to buy today: Stock recommendations for January 1

Top banal marketplace recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, the apical bargain calls for contiguous are: Gujarat Mineral Development Corporation (GMDC), Bharat Heavy Electricals Ltd (BHEL), and Indian Oil Corporation (IOC). Here’s his presumption connected Nifty, Bank Nifty, and the apical banal picks for January 1, 2026:Index View: Nifty & Bank NiftyNifty has bounced powerfully from its 3-month rising inclination enactment enactment seen astatine 25,860 - 25,880. The required travel done was seen successful yesterday’s league arsenic Nifty managed to ascent much than 200 points.

Now, a adjacent supra 26200 volition pb to beardown momentum for the adjacent 500-600 points rally.Bank Nifty besides managed to adjacent supra its erstwhile absorption precocious of 59500. A interruption supra specified beardown absorption would pb to beardown momentum successful coming days. A beardown spurt of 2-3% successful a abbreviated span of clip tin beryllium achieved successful coming days

Stock recommendations:

GMDC (BUY):

Gujarat Mineral Development Corporation’s banal has bounced backmost powerfully from its 20-day moving mean with beardown volumes.

With this, banal is little than 10% distant from its all-time precocious levels. The adjacent limb tin spot banal gathering momentum and determination powerfully past its all-time precocious levels.BHEL (BUY):

Bharat Heavy Electricals Ltd’s banal has been consolidating successful a pennant for each of December. The consolidation is placed astatine the retest of a anterior breakout, tilting the likelihood successful the favour of an upside break. Furthermore, changeless request from the little bound of the pennant besides adds a furniture of confidence.

Indian Oil Corporation (BUY):

IOC banal has bounced powerfully from its 20-day moving mean supported by beardown volumes. The existent consolidation astir its all-time precocious level looks to implicit soon. A adjacent supra 180 volition pb to beardown momentum and 1 tin spot the adjacent 10% determination successful a precise abbreviated span of time.(Disclaimer: Recommendations and views connected the banal market, different plus classes oregon idiosyncratic concern absorption tips fixed by experts are their own. These opinions bash not correspond the views of The Times of India)