Five Stocks To Buy: Federal Bank, GAIL, Eicher Motors And More | June 16, 2026
Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing on private banking, energy utilities, automotives, diversified conglomerates, and non-banking financial services. Top picks include private lender Federal Bank, state-owned natural gas major GAIL (India), automotive heavyweight Eicher Motors, diversified conglomerate Grasim Industries, and gold loan financier Manappuram Finance. Federal Bank Ajit Mishra, SVP-Research at Religare Broking, noted technical strength in the private banking space. He recommended a buy on Federal Bank at the current market price of Rs 317.1 for a target of Rs 335, advising traders to maintain a stop loss at Rs 307. (Disclaimer: https://religareonline.com/disclaimer ) GAIL Vinay Rajani, Senior Technical Research Analyst at HDFC Securities, highlighted a positive breakout setup in the utilities sector. He recommended a buy on GAIL (India) Ltd. at Rs 175 for a target of Rs 180, advising ...
