Stock market recommendations: Bharat Electronics, and Central Mine Planning & Design Institute (CMPDI) have been recommended as the top stocks to buy today on June 19, 2026 by Bajaj Broking Research:Bharat ElectronicsBuy in the range of ₹ 422-430
The stock has generated a breakout above the falling channel containing last 2 months decline and has closed above the 20- and 50-days EMA thus offers fresh entry opportunity.Key observations in the long-term chart is that it has been trading in a rising channel in the last 1 months that reflects strong buying interest at the lower band of the channel. We believe the stock is likely to gradually head towards the previous all-time high of March 2026 placed around 473 marks in the coming months.On the downside, the 400 zone is expected to act as a strong support area as it coincides with both the lower band of the rising channel and the 52 week EMA.Supporting the positive view, the weekly 14-period RSI has also flashed a buy signal after crossing above its 9-period average, indicating improving momentum in the stock.Central Mine Planning & Design Institute (CMPDI)Buy in the range of 244.00-250.00
The stock during the current week has generated a breakout above the last 5 weeks triangular consolidation pattern and in the last two sessions pullback the stock is currently testing the breakout area thus offering fresh entry opportunity. Key observation in the weekly chart is that the stock had taken five weeks to retrace just 38.2% of the previous six weeks rally (150-263). A shallow retracement signals strength and the current consolidation is a higher base formation for the next leg of up move. We expect the stock to head towards 275 levels in the coming month being the 138.2% external retracement of the entire previous consolidation (263-221).Stock market round-up of Thursday’s sessionIndian benchmark indices, BSE Sensex and Nifty50, extended their winning streak to a fifth consecutive session on Thursday, buoyed by positive geopolitical developments and a continued decline in crude oil prices.The BSE Sensex rose 254.36 points, or 0.33%, to close at 77,409.98. During the session, the index moved within a wide range of 539.33 points, touching an intraday high of 77,492.33 and a low of 76,953.The NSE Nifty also finished higher, gaining 82.30 points, or 0.34%, to settle at 24,168.Among Sensex constituents, InterGlobe Aviation, Trent, Bharat Electronics, NTPC, State Bank of India and HDFC Bank emerged as the leading gainers. On the other hand, Infosys, Tech Mahindra, Maruti and Tata Consultancy Services ended the day among the top losers.Global benchmark Brent crude continued to ease, falling 2.23% to $77.78 a barrel, providing further support to market sentiment.Investor confidence was also aided by developments on the geopolitical front after US President Donald Trump and Iran signed a Memorandum of Understanding at a dinner hosted at the Palace of Versailles in France on Wednesday, aimed at bringing an end to the conflict that has lasted for more than three months.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India.)