Chandan Taparia, head of equity research at Motilal Oswal, has issued new buy recommendations for Samvardhana Motherson International, Lodha Developments, and OI Corporation.
The analyst’s latest picks signal a strategic shift toward auto components, residential real estate, and critical minerals, according to a report by Livemint.
The recommendations come as Indian benchmark indices, the Nifty 50 and Sensex, are expected to open flat to positive on Friday.
Pre-market indicators, including the Gift Nifty, suggest a steady start for domestic equities, tracking calm global market cues.
Taparia’s notes outline specific support and resistance levels for the broader market, framing the current session as a consolidation phase with upside potential.
This marks a rotation in Taparia’s preferred list.