Bagadia Recommends SBI, HCL Tech and Eicher Motors

Indian stocks bounced back on Friday, October 9, after falling for eight weeks.

Technology shares helped lead the rise, and other sectors also gained.

Sumeet Bagadia said the market’s short-term mood was improving, but it still faced important hurdles.

He also noted that high oil prices and overseas investor selling remained concerns.

Bagadia suggested three shares for investors to consider: SBI, HCL Tech, and Eicher Motors.

For each share, he gave a price to buy, a hoped-for target price, and a stop-loss price.

These are his recommendations, not a guarantee that the shares will rise.