What are the top stocks that investors can buy today? Motilal Oswal Wealth Management Research Office makes the following recommendations: (AI Image)
Stock market recommendations: Gokaldas Exportsand Reliance Industries (Real) are the top stocks selected by Motilal Oswal Wealth Management Research Bureau as “Buy” recommendations for the week beginning June 29, 2026.
| Stock name | CMP (Rs) | Target (Rs) | Upside down(%) |
| Gokaldas Exports | 859 | 1110 | 29% |
| Accreditation | 1318 | 1655 | 26% |
Stock recommendations
Gokaldas ExportsGokaldas Exports operates across India, Kenya and Ethiopia, and has a apparel manufacturing capacity of approximately 92 million pieces per year (52 million in India and 40 million via Atraco in East Africa).
It also holds a 19% stake in BTPL, enhancing fabric sourcing and integration. The apparel business in India is expected to grow at a CAGR of 10% during FY26-28 with an operating margin of 12-13%.Atraco is expected to achieve a CAGR of 26% during the same period, supported by increased usage, while BTPL is expected to generate revenue of INR 6.6 billion by FY28. Gokaldas Exports has long-term direct partnerships with major brands including Gap Inc.
Carhartt, Columbia Sportswear, JC Penney, and Abercrombie & Fitch.These top five customers contribute about 65-70% of revenue, while still providing room for deeper penetration. The company is expected to achieve FY26-FY28 CAGR of 18% in revenue, 33% in EBITDA, and 73% in profit after tax (PAT), driven by expansion in its Indian operations and strong support from its African manufacturing platform.Also check | Live stock market coverageReliance IndustriesReliance Industries is expected to enter its next phase of growth, driven by continued momentum across its digital, retail and new energy businesses.
The telecom sector is likely to remain the largest driver of growth, supported by rising tariffs, market share gains, and the continued expansion of home and enterprise broadband services.The retail sector is expected to benefit from store additions, improved productivity, and expanded local offerings, while investments in artificial intelligence and clean energy are expected to boost long-term growth prospects.
Although the O2C business may see only a modest rebound amid industry headwinds, EBITDA and earnings are expected to grow at a CAGR of around 9-10% during FY26-28.
With capital expenditure expected to be lower, Reliance is also well positioned to generate strong free cash flows and gradually reduce net debt.
Stock market next week
Market experts are of the view that geopolitical developments, especially the recent military standoff involving the US and Iran, its impact on crude oil prices, and key domestic macroeconomic releases, are expected to guide stock market sentiment this week.Investors are also likely to closely monitor foreign institutional investor activity and the progress of the southwest monsoon, which remain important market drivers.“Market participants will closely monitor industrial production (IIP) data, final readings of the HSBC Manufacturing and Services Index and Composite PMI, and foreign exchange reserves data to gain new insights into the health of the domestic economy,” said Ajit Mishra, Senior Vice President, Research, Religare Broking Ltd.He added that crude oil price movements and geopolitical developments in West Asia will continue to play an important role in influencing global market sentiment.The auto sector will also remain in focus, as investors track monthly car sales figures due for release on July 1.“Next week is likely to be shaped by developments on the geopolitical front, as investors closely monitor tensions in the Middle East in the wake of recent military exchanges between US and Iranian forces.
While broader diplomatic efforts remain in place, the recent escalation has reminded markets that geopolitical risks remain high.“Any signs of renewed negotiations or de-escalation could help sustain the recent improvement in risk appetite, while further deterioration in relations could prompt a reassessment of global growth and energy market outlooks,” said Ponmudi R, CEO of online trading and wealth technology firm Enrich Money.Locally, investors will closely monitor the progress of the southwest monsoon, he added.(Disclaimer: Recommendations and opinions regarding stock market, any other asset classes or personal finance management advice given by experts and analysts are their own. These opinions do not represent the views of The Times Of India.)