Top Picks of the Day: Anil Singhvi issues buy call on these shares with high profit potential

Anil Singhvi Stocks to Buy: Stock market is gaining momentum opening in positive territory for consecutive session. Mid-cap and small-cap stocks also recorded solid gains for the third consecutive day, signaling a broad-based market rally. On September 9, FIIs bought shares worth Rs 2,050 crore in the cash segment—the highest single-day purchase since June 26—while domestic mutual funds added Rs 83 crore, further strengthening market confidence.

Investor sentiment received an additional boost after former US President Donald Trump announced that trade talks between India and the US will soon resume. This development raises hopes of easing the trade tensions and tariffs that have impacted several Indian exporters.

Market strategist Anil Singhvi believes that the Nifty 50 is on track to cross the important psychological milestone of 25,000 soon. He pointed to strong technical support between 24,750 and 24,825 as a solid base for further gains.

“With sustained FII inflows and positive developments on the trade front, the market is set for a healthy upswing,” said Singhvi.

Anil Singhvi Buy Calls

Kotak Mahindra Bank Futures:

Singhvi recommends buying Kotak Mahindra Bank shares near current levels, with a strict stop loss placed Rs 20 below. He expects a 3-5 per cent rise over the next few sessions. The recent selling of a 1.65 per cent stake by SMBC at a floor price of Rs 1,880 caused some pressure, but this is expected to ease shortly.

Oracle Financial Services (OFSS):

Price targets are Rs 8,500, Rs 8,600, and Rs 8,775, with a stop loss at Rs 8,330. Oracle has begun cost-cutting efforts in India, including layoffs in its cloud and financial services units, as the company pivots toward AI-driven growth and operational efficiency.

PCBL Chemicals:

Targets for PCBL Chemicals are Rs 389, Rs 394, and Rs 399, with a stop loss at Rs 380. The carbon black sector is showing strength amid rising demand and improving price trends.

Thermax

Thermax is expected to reach Rs 3,335, Rs 3,365, and Rs 3,395, with a stop loss at Rs 3,290. JP Morgan recently initiated coverage on the stock with an overweight rating and a price target of Rs 3,869, citing its strong fundamentals and leadership in the energy transition sector.