Sumeet Bagadia Stock Picks: Federal Bank, M&M, TCS

This article is about the Indian stock market, where people buy and sell pieces of companies.

Last Friday, the stock market went down because some big finance companies lost value, there was worry about peace talks in the Middle East, and people were waiting for a jobs report from America.

The Reserve Bank of India also suggested new rules that might make it harder for some finance companies to lend money, and that worried investors.

A stock expert named Sumeet Bagadia looked at the charts and said the market is still mostly doing okay.

He thinks the main Indian stock index will likely stay between 24,300 and 24,750 points for now.

He also gave advice on three stocks to buy on Monday: Federal Bank, Mahindra & Mahindra, and TCS.

For each stock he gave a buy price, a target price where investors might sell for profit, and a stop-loss price to limit losses.

The expert says the overall trend is positive, but the market needs to break above 24,700 to gain stronger momentum.