Sensex Today | Stock Market Highlights: Banks, IT power Sensex up 791 points; Nifty tops 24,000

Shahina Mukadam, Independent Market Expert

Syrma SGS, Netweb Technologies, Coforge, MTAR Tech, Cummins, Polycab
All the stocks look good for the long term. The sectors also look decent. It’s difficult to pick because valuations for all of them have run up quite a bit. But if I was to take two for maybe a one to two year holding at declines at dips corrections, I would go in for a Netweb Technologies and Syrma SGS. Of course, Syrma SGS the order book position is quite good. If you look at it, it’s about ₹6,600 crores. If you compare it with turnover or FY26 it’s about ₹4,800 crores. There, the management has said has given a guidance of continuing growth in FY27 of about 30-35%. If you hold it for a year’s time, it should look good. But buy it at dips. Similar is with Netweb. They have got very good AI-order books, the capital investment that is going on over there is pretty strong, and Netweb will benefit. They have got strong tie-ups with Nvidia, especially. So, I would say Netweb also, but both these stocks on dips.

Somil Mehta, Head Retail Research, Mirae Asset Sharekhan

Polycab India and Cummins, they are very good stocks, and definitely should be in a portfolio as midcaps. However, they have run up a lot, buy on decline should be the strategy there. So these two stocks are definitely there. At this point of time, good risk reward ratio, if you, if you see, then Coforge and Netweb, these two stocks are looking really good from here. Coforge a little risky bet, however, you can keep a stop loss around ₹1,350 in the short term, in the medium-term outlook around ₹1,240 levels. So these are some levels for Coforge. I like Coforge in the IT pack, and the other one is Netweb. Netweb definitely looks good to me over here. It has been forming higher tops, higher bottom on the weekly, monthly charts. Great setup on the daily charts as well, trading above averages. You can keep a stop loss around ₹4,700-4,600 levels around those levels, and you can hold on to the stock, or probably enter the stock right now as well. So, Coforge and Netweb, both you can enter right now, but Cummins and Polycab, they both are looking good as well, but buy on declines.