Chandan Taparia Recommends Three Stocks to Buy Amid Market Volatility
Shares to buy or sell: Chandan Taparia of Motilal Oswal recommends three stocks to buy today - 6 April 2026
Mint
Image: Mint
On April 6, 2026, Chandan Taparia from Motilal Oswal Financial Services recommended buying shares of Tech Mahindra, Adani Power, and Marico as the Indian stock market faces volatility due to rising crude oil prices and geopolitical tensions. The Nifty 50 closed at 22,713.10, indicating a cautious market outlook.
- 01Nifty 50 closed at 22,713.10, recovering from earlier lows.
- 02Chandan Taparia recommends buying Tech Mahindra, Adani Power, and Marico.
- 03Tech Mahindra has a target price of ₹1,530 with a stop loss at ₹1,395.
- 04Adani Power's target price is ₹170 with a stop loss at ₹155.
- 05Marico's target price is ₹805 with a stop loss at ₹740.
Advertisement
In-Article Ad
The Indian stock market is expected to remain volatile on April 6, 2026, as investor sentiment is affected by rising crude oil prices and the ongoing US-Iran conflict in the Middle East. The Nifty 50 index closed at 22,713.10, up 33.70 points or 0.15%, while the Sensex rose by 185.23 points to 73,319.55. Chandan Taparia, Head of Derivatives & Technicals at Motilal Oswal Financial Services, provided insights into market movements and recommended three stocks for purchase. Tech Mahindra is suggested with a target price of ₹1,530 and a stop loss at ₹1,395, supported by a bullish chart pattern. Adani Power is recommended with a target of ₹170 and a stop loss of ₹155, showing strong trading volumes. Marico is also on the list, with a target price of ₹805 and a stop loss at ₹740, following a bounce from major support levels. Overall, Taparia's analysis indicates cautious optimism for these stocks amid broader market challenges.
Advertisement
In-Article Ad
Investors may consider these recommendations for potential gains amidst market volatility, impacting their investment strategies.
Advertisement
In-Article Ad
Reader Poll
Do you plan to invest in the recommended stocks?
Connecting to poll...
More about Motilal Oswal Financial Services
Read the original article
Visit the source for the complete story.



