Stock market recommendations: According to Bajaj Broking Research, the top stock picks for November 14, 2025 are CG Power and Industrial Solutions, and Apollo Hospitals Enterprise. Here’s its view on Nifty and Bank Nifty:Index View: NiftyBenchmark indices ended their two-week losing streak and are trading firmly higher this week, in line with gains across global markets. Investor confidence has strengthened as the US government shutdown came to an end, with growing expectations of early Federal Reserve rate cuts amid signs of a slowdown in the US job market. Additionally, India’s CPI data came in at a record low, while exit polls from the Bihar election indicating a majority for the ruling NDA further lifted sentiment. Hopes of an India–US trade deal also added to the positive momentum.Market trajectory in the upcoming week is likely to be driven by the outcome of the Bihar election, scheduled for release tomorrow, and key developments surrounding the anticipated India–US trade agreement. Both factors are expected to act as major sentiment catalysts and could trigger heightened volatility across broader indices.Going forward, the broader market structure remains constructive, and we maintain a bullish bias. We recommend utilizing any corrective declines as accumulation opportunities for the next leg of the uptrend, with upside targets placed at 26,100, followed by a potential retest of the all-time high near the 26,277 zone in the coming weeks.In line with expectations, buying demand during last week emerged from the support area of 25,500-25,300. We expect the index to hold above the same being the confluence of the following technical observations.
- The recent breakout region, which previously acted as a resistance and now is likely to provide support.
- The 50% Fibonacci retracement of the preceding upswing from 24,587 to 26,104, indicating a potential mean-reversion zone.
- The 50-day Exponential Moving Average (EMA), currently placed near the 25,390 mark, further reinforces the area’s significance as a near-term floor for the index.
Among the oscillators, the daily 14 periods RSI has recently generated a buy signal thus supports the overall positive bias in the index. NIFTY BANKBank Nifty continues to consolidate in the range of 57200-58600 for the fourth week in a row and is currently placed around the upper band of the range.Going ahead we expect the index to break above the upper band of the consolidation range and head towards 59,000 and 59,800 levels in the coming weeks being the measuring implication of the last 4 weeks range.On the downside, the lower band of the consolidation range at 57,300–57,100, which coincides with the recent breakout zone and the 20-day EMA, is likely to act as a strong support area.Among the oscillators, the daily 14 periods RSI has recently generated a buy signal thus supports the overall positive bias in the index.Stock Recommendations:CG Power and Industrial SolutionsBuy in the range of Rs 732.00-747.00
CG Power is highly optimistic, driven by structural industry tailwinds (T&D capex, railway modernization, Make in India), aggressive capacity expansion, and a strategic push into semiconductors and services. Company benefits from a diverse customer base, a strong manufacturing foundation, continuous R&D and product development, and rising export opportunities. The company faces challenges from the cyclical nature of the power business, increasing transformer supply in India, and its lack of prior experience in semiconductors. We have valued the company using the P/E valuation method, applying a 57x multiple on FY28E earnings, arriving at a target price of Rs 798.Apollo Hospitals EnterpriseBuy in the range of Rs 7350-7470.00
The stock is forming base around the 80% retracement of the previous major up move of October 2025 and has witnessed a shallow retracement of its previous up move signaling overall positive bias in the stock.We expect the stock to resume up move and head towards 7980 levels in the coming month being the confluence of the previous major high and key retracement of the current decline.Among the oscillators the daily stochastic has approached oversold territory and is seen rebounding from the same thus signals pullback in the coming 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)
