By Soumya Ranjan Stock Market Today: Network18, Nelco, and Zydus Lifesciences are the three stocks that Vaishali Parekh suggested buying or selling today.
By Soumya Ranjan
Published: 11 Jun 2025
Buy or sell stocks: Key benchmark indices ended Tuesday flat, despite the Mid-cap and Small-cap indices’ ongoing upward trend. The BSE ended 53 points lower at 82,391, while the Nifty 50 index ended slightly higher. At 56,629, the Bank Nifty index closed 210 points lower. Among the top Nifty gainers were Grasim, Tech Mahindra, and Dr. Reddy. On the other hand, Trent, Maruti, and Bajaj Finance experienced pressure to sell and ended up losing a lot of money.
Along with the Nifty, the Nifty Mid-cap and Small-cap indices ended the day with slight gains, continuing their upward trajectory. For the seventh consecutive day, the Nifty Small-cap index closed at its highest level since January 3, 2025. As evidenced by a BSE advance-decline ratio of 1.25, the market breadth remained resolutely positive for the fifth straight session, with rising stocks vastly outpacing declining ones.
Stock market today
Since the Nifty 50 index is holding steady above 25,000 levels, Vaishali Parekh, Vice President—Technical Research at Prabhudas Lilladher, thinks the Indian stock market is biased in a positive way. To improve the bias, the Prabhudas Lilladher expert insisted that the key benchmark index must close above 25,116.
“The Nifty 50 index once again witnessed a sluggish session with a very narrow movement throughout the session to end on a flat note with the broader market showing some active participation to support the overall sentiment maintained positive,” Vaishali Parekh said when discussing the outlook for the Nifty 50 today. The trend has been maintained as the index has consolidated and held above the 25,000 zone. As previously stated, one can anticipate new targets of 25,600 and 26,000 for the index in the days ahead, once the recent peak of 25,116 zones is decisively broken.
After a strong surge, the Bank Nifty index has been gradually declining over the past two sessions, remaining positive. With the 56,000 zone serving as a crucial support zone, the index would require another wave of momentum to decisively break through the 57,000 mark in order to anticipate a new upward move. As previously stated, with the 55,800 zone serving as a crucial support area, one can anticipate that the index will continue to rise in the days ahead, with new upside targets of 57,800 and 60,000 achievable,” Parekh stated.
According to Parekh, the Nifty has resistance at 25,300 and support at 24,900 today. The daily range of the Bank Nifty will be between 56,200 and 57,200.
Today’s stock recommendations from Vaishali Parekh
Network18, Nelco, and Zydus Lifesciences are the three stocks that Vaishali Parekh suggested buying or selling today.
1] Network18: Buy at ₹57, Target ₹62, Stop Loss ₹55;
2] Nelco: Buy at ₹930, Target ₹1000, Stop Loss ₹900; and
3] Zydus Lifesciences: Buy at ₹980, Target ₹1030, Stop Loss ₹960.
Disclaimer: The opinions and suggestions expressed above are not those of Times of Dalal Street, but rather those of individual analysts or broking firms. Before making any investment decisions, we encourage investors to consult with qualified professionals.