Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Godawari Power and Ispat Limited, Amara Raja Energy & Mobility Ltd, and HDFC Life are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for August 21, 2025:Index View: NiftyNifty has hit its initial target of 25050 – 25250 from the point it reversed after closing above 24600. With index closing near to its 4 week highs, tailwind momentum is likely to push it to the next target of 25250 on the upside while dips below 24985 are set to get bought into with support seen at 24850.Bank NiftyAfter dropping over 5% from its recent highs, Bank Nifty has shown some short covering since the start of this week after the gap up opening on Monday. Any closing above 55800 is likely to set the toner for further bullishness on the index while a retest of 55500 – 55550 is likely to act as buy on dip for the index for a 3-4% rally unfolding from current levels.GPIL (BUY):LCP: 218.68Stop Loss: 204Target: 254The stock of Godawari Power and Ispat Limited had been trading in a range since last few months and has given a highest close in calendar year 2025 yesterday with very strong volumes. Breakout after such long consolidation often leads to explosive move. A quick 12-15% move can be seen on the stock to reclaim its all time high.ARE&M (BUY):LCP: 988.20Stop Loss: 950Target: 1060The stock of Amara Raja Energy & Mobility Ltd has been forming base since last few months and some initial signs of momentum has started to show up with stock giving positive close with strong volumes. Auto stocks have been gaining traction and we expect the ancillary stock to also perform well going forward. A close above 1000 will lead to rise in momentum which can take stock to 1060 – 70 levels.HDFC LIFE (BUY):LCP: 796.55Stop Loss: 763Target: 850Stock is consolidating around its all time high level and showing signs of accumulation. A close above 800 will lead to rise in momentum for a quick 6-8% move.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
