Indian Stock Indices Settle Marginally Higher as PSU Banks Rally

  On July 16, 2025, the Indian stock market closed with modest gains, driven by a strong performance in PSU banking stocks. The S&P BSE SENSEX edged up by 63.57 points, or 0.08%, to settle at 82,634.48, while the NSE NIFTY50 gained 16.25 points, or 0.06%, ending at 25,212.05. Investors adopted a cautious approach amid the ongoing corporate earnings season and mixed global market signals. PSU Banks Lead the Charge The PSU banking sector emerged as a standout performer, with all stocks in the segment closing in positive territory. State Bank of India (SBI) was among the top gainers after its board approved a plan to raise up to ₹20,000 crore through bonds for the financial year 2025-26. This development sparked significant interest, making SBI one of the day's buzzing stocks. Broader Market Stays Flat Despite the uptick in headline indices, the broader market showed limited movement, reflecting investor caution. Market participants are closely monitoring upcoming corporate earnin...

Top 10 High-Potential Stocks to Watch Next Week

Looking for high-potential stocks to watch in the coming week? We've curated a list of 10 high-conviction stocks based on current market trends, technical analysis, and strong support levels. These picks are designed to help you navigate the market with confidence. Bookmark this list and stay ahead! 🎯


1. EID Parry (EIDPARRY)

  • Current Market Price (CMP): ₹1152

  • Support Level: ₹1055

  • Why Watch? EID Parry, a leader in sugar and nutraceuticals, shows strong momentum with robust fundamentals. Its support level at ₹1055 makes it a solid pick for short-term gains.


2. Wockhardt (WOCKPHARMA)

  • CMP: ₹1757

  • Support Level: ₹1635

  • Why Watch? Wockhardt’s pharmaceutical expertise and recent R&D advancements position it for potential breakouts. Keep an eye on this stock as it holds above its key support.


3. Ramco Cements (RAMCOCEM)

  • CMP: ₹1140

  • Support Level: ₹1064

  • Why Watch? With infrastructure demand rising, Ramco Cements is well-poised for growth. Its strong support at ₹1064 offers a good entry point for investors.


4. SBI Life Insurance (SBILIFE)

  • CMP: ₹1835

  • Support Level: ₹1700

  • Why Watch? SBI Life’s consistent performance in the insurance sector and strong brand backing make it a stable yet high-growth stock. The support level ensures downside protection.


5. Solara Active Pharma (SOLARA)

  • CMP: ₹664

  • Support Level: ₹620

  • Why Watch? Solara’s focus on active pharmaceutical ingredients (APIs) aligns with global healthcare demands. This stock could see upward movement if it holds above ₹620.


6. Pondy Oxides & Chemicals (POCL)

  • CMP: ₹970

  • Support Level: ₹895

  • Why Watch? POCL’s leadership in lead recycling and battery chemicals makes it a niche player with growth potential. Its support level offers a low-risk entry.


7. Anand Rathi Wealth (ANANDRATHI)

  • CMP: ₹2211

  • Support Level: ₹2035

  • Why Watch? Anand Rathi’s wealth management services are gaining traction, supported by a growing client base. The stock’s technical setup suggests bullish momentum.


8. CarTrade Tech (CARTRADE)

  • CMP: ₹1899

  • Support Level: ₹1717

  • Why Watch? With the rise of online auto marketplaces, CarTrade is a strong contender in the digital automotive space. Its support at ₹1717 makes it attractive for traders.


9. ACME Solar Holdings (ACMESOLAR)

  • CMP: ₹295

  • Support Level: ₹280

  • Why Watch? Renewable energy is the future, and ACME Solar is a key player in India’s solar sector. The stock’s low CMP and solid support make it a high-conviction pick.


10. Hubtown (HUBTOWN)

  • CMP: ₹308

  • Support Level: ₹285

  • Why Watch? Hubtown’s real estate portfolio benefits from urban development trends. Its support level at ₹285 provides a safety net for investors.


Why These Stocks?

These stocks were selected based on:

  • Technical Strength: Each stock has a well-defined support level, reducing downside risk.

  • Market Trends: Aligned with sectors showing strong growth, such as pharmaceuticals, infrastructure, insurance, and renewable energy.

  • Momentum Potential: Stocks with bullish patterns or breakout potential for the upcoming week.

Tips for Investors

  • Monitor Support Levels: Use the listed support levels to set stop-loss orders and manage risk.

  • Stay Updated: Market conditions can change rapidly. Follow news and technical indicators for these stocks.

  • Diversify: Spread your investments across multiple sectors to mitigate risk.


Disclaimer: Stock market investments are subject to risks. Always conduct your own research or consult a financial advisor before making investment decisions.

Comments