Buy or Sell: Vaishali Parekh recommends three stocks to buy today - October 17, 2025

Buy or sell stocks: The major benchmark indices of the Indian stock market extended their upward trajectory for the second consecutive session on October 16, with benchmark indices scaling fresh multi-month highs, driven by sustained buying across sectors. The Nifty 50 breached the psychological 25,600 mark intraday for the first time since June 27, buoyed by strong investor sentiment and sector-wide participation, before witnessing mild profit-taking in the final trading hour. At the closing bell, the BSE Sensex gained 862.23 points, or 1.04%, to settle at 83,467.66, while the Nifty 50 gained 261.75 points, or 1.03%, to close at 25,585.30. The broader market also ended in the green, with the Nifty Midcap and Smallcap indices rising 0.46% and 0.24% respectively, indicating continued interest in the broader universe. Sectorally, the market breadth remained decisively positive. Barring the Nifty PSU Bank index, which fell 0.4% on selective profit booking, all other sectoral indices on the NSE closed in the green. Notable outperformance was seen in the Nifty Auto, Bank, Consumer Durables, Realty, FMCG and Oil & Gas indices, which posted gains of 0.5% to 1.7%, reflecting a risk-on sentiment and rotational buying by institutional participants. The rally was supported by both domestic and global cues, with falling crude oil prices and stable US yields providing a favorable macro backdrop. Stock market today Vaishali Parekh, vice president of technical research at Prabhudas Lilladher, believes Indian stock market sentiment has improved as the Nifty 50 index continued to rise after breaking above 25,300. The index seems poised to reach 25,800 in the near term. Commenting on the Nifty 50 index outlook, Vaishali Parekh said, “The Nifty 50 index continued with a strong robust move further ahead, indicating a breakout above the resistance zone of 25,500 level, with bias strengthening, expecting further upside move in the coming days. With the undertone of 5 above, the index will turn strong 0. will turn bullish to retrace the previous retest peak zone of 26,300 level with the important support from here positioned at 25,000 level.” On the outlook of the Bank Nifty index, Parekh said, “The Bank Nifty index has indicated a significant positive move with bias and sentiment getting strong in anticipation of further rise in the coming days, with the outcome of the major leading bank stocks like HDFC Bank and ICICI Bank to be released soon. may continue the upward move for a higher target of 59,700 level with the 50-DEMA at 55,600 zone positioned as the important support.” Parekh said that immediate support for the Nifty 50 index is located at 25,450, while the resistance is positioned at 25,800. The Bank Nifty index is expected to have a daily range of 57,000 to 58,000. Vaishali Parekh’s stock recommendations today In terms of stocks to buy today, Vaishali Parekh has recommended three buy or sell stocks: KPI Green, UNO Minda and Chalet Hotels. 1]KPI Green Energy: Buy at ₹463, target ₹480, stop loss ₹455; 2]UNO Minda: Buy at ₹1235, target ₹1280, stop loss ₹1210; and 3]Chalet Hotels: Buy at ₹970, target ₹1020, stop loss ₹948. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage firms, not Mint. We advise investors to check with certified experts before making any investment decisions.