Stocks to buy: Ankush Bajaj recommends three stocks for today—8 January
Live MintThe Indian stock market closed flat on Tuesday, weighed down by weakness in IT and consumption stocks. Read this | Stock market today: Nifty 50, Sensex rebound after 2-day selloff; broader market outperforms Top gainers on the Nifty 50 included ONGC, SBILIFE, and HDFCLIFE. View Full Image Indian stock market outlook As highlighted in the chart, the 23,500–24,200 range is expected to act as a key support and resistance zone in the short term. Today, the Nifty 50 closed at 23,707.90, above its 200-day exponential moving average, but it remains below the 200-day moving average at 23,916.50, indicating cautious sentiment. Read this | What lies under the hood in banks' Q3 business updates View Full Image Three stocks to buy, recommended by Ankush Bajaj: Ipca Lab: Buy at ₹1,736; Target ₹1,805-1,825; Stop Loss ₹1,699.