Top Stock Picks for April 7, 2026: Motilal Oswal's Chandan Taparia Recommends Three Buys
Shares to buy or sell: Chandan Taparia of Motilal Oswal recommends three stocks to buy today - 7 April 2026
Mint
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On April 7, 2026, Chandan Taparia from Motilal Oswal Financial Services recommends buying shares of BSE, Larsen & Toubro, and Titan Company amid a bearish outlook for the Indian stock market due to rising crude oil prices and geopolitical tensions. The Nifty 50 index is projected to hold above 22,850 for potential gains.
- 01Chandan Taparia recommends buying BSE, Larsen & Toubro, and Titan Company shares.
- 02The Nifty 50 index must hold above 22,850 for upward movement.
- 03BSE has a target price of ₹3,160 with a stop loss at ₹2,890.
- 04Larsen & Toubro has a target price of ₹3,950 with a stop loss at ₹3,620.
- 05Titan Company has a target price of ₹4,500 with a stop loss at ₹4,120.
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The Indian stock market is expected to open lower on April 7, 2026, due to concerns over the escalating US-Iran conflict and rising crude oil prices. The Nifty 50 index closed the previous session at 22,968.25, while the Sensex rose by 787.30 points to 74,106.85. Chandan Taparia, Head of Derivatives & Technicals at Motilal Oswal Financial Services, indicates that the Nifty 50 needs to maintain levels above 22,850 for potential gains towards 23,200 and 23,450. He recommends buying shares of BSE with a target price of ₹3,160 and a stop loss at ₹2,890, citing a bullish momentum shift. For Larsen & Toubro, Taparia suggests a target of ₹3,950 with a stop loss at ₹3,620, and for Titan Company, a target of ₹4,500 with a stop loss at ₹4,120. Investors are advised to consider these recommendations carefully amid market volatility.
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Investors may see fluctuations in their portfolio values based on these stock recommendations and the overall market conditions influenced by geopolitical tensions and oil prices.
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