Best stocks to buy today: Stock recommendations for March 27, 2026 – Checklist – The

Stock market recommendations: India granulesand RBL Bank They are the top two stocks recommended by Bajaj Broking Research on March 27, 2026. Opinions on elegantand Nifty Bank Also shared:Show index: elegantIndian benchmark indices witnessed a strong rebound over the past two trading sessions, driven by improving global sentiment amid signs that tensions in the Middle East may be easing.

Investor confidence was boosted by reports indicating that US President Donald Trump is actively seeking a diplomatic solution to the nearly month-long conflict involving joint US-Israeli forces and Iran.According to media sources, Washington presented Tehran with a comprehensive 15-point peace proposal aimed at reducing the intensity of hostilities and restoring stability in the region. While these developments have sparked optimism in global markets, there has been no official confirmation or response from the Iranian side yet, leaving some uncertainty about the outcome of the initiative.

The prospect of talks between the United States and Iran was enough to cause a decline in oil prices, which had risen for days compared to pre-war levels.Volatility is expected to remain high in the near term due to uncertain global signals, high crude oil prices, and ongoing geopolitical tensions. The index is likely to consolidate in the 22,400-23,850 range in the coming sessions.Nifty bounced in the last two sessions from the extreme oversold zone on the daily and weekly oscillators.

Going forward, a move above Wednesday’s high of 23,465 could extend the decline towards 23,800 levels.However, for a pause in the ongoing downtrend, the indicator needs to form a high-high-low structure on the daily chart and close above last week’s high of 23862.On the downside, a break below the current week’s low at 22,471 could trigger further downside towards the 22,100 and 21,800 levels.BankniftyBank Nifty also saw a strong rebound in the last two sessions driven by improving global sentiment amid signs that tensions in the Middle East may be easing.Volatility is expected to remain high in the near term, driven by rising geopolitical tensions and rising crude oil prices that continue to impact overall market sentiment.The index is likely to consolidate in the 51,400-54,800 range in the coming sessions.Going forward with strength above Wednesday’s high (54150) will open up further pullback towards 54800 levels in the coming sessions. The index needs to form a higher high and a higher low on a sustained basis and close above 54,700 levels to indicate that the downtrend has paused.On the downside, a break below 51,400 would open further downside towards 50,700 and 50,000.

Stock Recommendations:

India granulesBuy in the range of INR 620.00-632.00

Granules India share price has generated a breakout above the 625-560 consolidation range for the past three months which indicates strength and provides a new entry opportunity.The breakout is supported by strong volume indicating greater participation in the breakout zone. We expect the stock to extend its upward movement and head towards 685 levels, which is the level involved for the recent range breakout. The daily 14-period RSI is bouncing to the upside and receiving support at its nine-period average thus confirming the validity of the positive bias.RBL BankBuy in the range of 298-305

The stock formed a potential double bottom around the 290 levels and rose above the 50-day moving average, providing a new entry opportunity.The stock also gave a breakout above the range of last 9 days indicating a positive bias. We expect it to head towards 330 levels next month which is an 80% retracement of the entire decline (340-288).The daily 14-period Relative Strength Index (RSI) has generated a buy signal moving above its nine-period average thus confirming the validity of the positive bias.(Disclaimer: Recommendations, opinions regarding 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)