Top stock market recommendations: IDFC First Bank, Bajaj Holdings And Investment, and TCS are the top stocks to buy as per Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth’s recommendation for November 12, 2026. The analyst has also shared his view on Nifty and Bank Nifty:IDFC First Bank (BUY):
- LCP: Rs 80.23
- Stop Loss: Rs 76.40
- Target: Rs 88
Stock has witnessed an influx of momentum, having recouped nearly all of its decline witnessed in October 2026. A firm close above the 200-day moving average, along with the 14-day RSI hovering near 60 creates a constructive outlook for stronger momentum to follow for further 9-10% upside.Bajaj Holdings And Investment (BUY):
- LCP: Rs 11340
- Stop Loss: Rs 10790
- Target: Rs 12500
Yesterday’s price action broke through a 15-month trend line with a strong green candle for this stock. The 14-day RSI is showing signs of improvement across daily as well as weekly timeframes, reinforcing the underlying momentum. With this robust structure, we expect an upside towards 12500 for this stock.TCS (BUY):
- LCP: Rs 2472.10
- Stop Loss: Rs 2360
- Target: Rs 2700
After a strong move in October, TCS is now taking a pause in the form of a ‘pennant’ pattern on the daily chart. The scrip is also holding firmly above its 200-day moving average placed near 2400, showing stability even in consolidation. With the pattern nearing its completion, TCS appears well-set for its next move towards 2700 levels.Index View: NiftyAfter a ~2000 pt rally last week, Nifty has taken a cautious stance to this truncated week, especially with yesterday’s candle forming an indecisive ‘Spinning Top’. We expect the Nifty to be range bound within a wide range of 24700 on the lower side and 25500 on the upper end in the near term.Bank NiftyBank Nifty continues to show excellent strength even after gaining ~4000 pts last week. The banking index is also strongly outperforming the Nifty this week. Bank Nifty has broken out from a fresh 8-month triangle pattern on Friday. Current set up continues to remain a buy on dip with 59000 being a support for the same.(Disclaimer: Recommendations and views on the stock market, or any other asset classes or personal finance management tips given by experts and analysts are their own. These opinions do not represent the views of The Times of India.)
