Stocks to Buy Today: Expert Picks for 27 January 2026
The Indian stock market is currently experiencing significant volatility, driven by various factors including Foreign Institutional Investor (FII) outflows and weak earnings reports, particularly from the IT and consumption sectors. The Nifty 50 index saw a decline of 241 points, closing at 25,048, while the BSE Sensex plummeted 769 points to end at 81,537. The Bank Nifty also faced a notable drop, closing 727 points lower at 58,473.
Vaishali Parekh, who is the Vice President of Technical Research at Prabhudas Lilladher, indicates that the market sentiment is decidedly weak. The Nifty 50 has broken below its crucial 200-day exponential moving average (DEMA) support level at 25,100, suggesting that the market is unable to maintain higher levels. According to Parekh, the current price action reflects selling pressure at elevated levels, with a lack of follow-through buying observed.
Looking at the Nifty 50's outlook, Parekh noted the formation of a large bearish candle, indicating heavy selling pressure influenced by weak global cues. The index ended the session near the lows at 25,050, maintaining a cautious sentiment. She highlighted that psychological support is located near the 25,000 mark; if this fails, it could lead to intensified selling, with the next support level around 24,400.
For the Bank Nifty, Parekh pointed out that it also fell below the significant 50-day EMA level at 59,000, which has weakened the market bias. The Bank Nifty closed near its lows, breaking essential support at 58,800. The next crucial support is at the 200-period moving average located around 56,600, and on the upside, a decisive move above 59,500 is required for stability.
Parekh provided immediate support and resistance levels for the Nifty 50 index at 24,900 and 25,300, respectively. The Bank Nifty is expected to range between 58,000 and 59,000 for the day.
In terms of intraday trading, Vaishali Parekh has recommended three stocks: Sanathan Textiles, Oracle Financial Services Software (OFSS), and Lupin. For Sanathan Textiles, the buy price is set at ₹425, with a target of ₹450 and a stop-loss at ₹415. For OFSS, the buy price is ₹7850, target ₹8200, and stop-loss at ₹7800. Lastly, for Lupin, the buy price is ₹2138, target ₹2200, and stop-loss at ₹2090.
Investors are reminded that this information is for educational purposes only and should consult certified experts before making investment decisions.
