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10 Stocks to Buy Today: Targets and Stop-Losses Before Infosys Results and the Jio Issue Close

Nifty 22,687.65 (down 0.54%). Infosys results due 3:45 PM today. Axis Bank brokerage target Rs 1,620. Jio Platforms issue closes today. Thursday close, data pulled 22 Oct 2026, 3:45 PM IST.


23 Oct 2026 • 1:38 am

10 Stocks to Buy Today: Targets and Stop-Losses Before Infosys Results and the Jio Issue Close

Quick Answer

The 10 stocks to buy today are Infosys, Reliance Industries, Persistent Systems, Adani Energy Solutions, Havells India, Zydus Lifesciences, Bharat Electronics, Dr Reddy's Laboratories, Axis Bank and Tech Mahindra, each with a confirmed catalyst, a target, a stop-loss and a stated risk. Prices are Thursday's closes, when the Nifty fell 0.54 percent to 22,687.65 and Nifty IT fell 1.05 percent. Infosys, Dr Reddy's Laboratories and Reliance Industries each have a dated event today, so a gap at the open can pass through a stop-loss. The widest reward is Axis Bank at a brokerage target of Rs 1,620, and the narrowest is Reliance Industries at about 3.9 percent.

Friday has more scheduled catalysts than most sessions. Infosys reports at about 3:45 pm, Dr Reddy's Laboratories reports after its board meeting, and the Jio Platforms issue closes, while Thursday's market fell with the Nifty down 0.54 percent and only pharma and PSU banks higher among the sectors checked. The ten picks below mix those events with results-led names and one brokerage-backed bank.

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Ankit Jaiswal (Senior Research Analyst) and Kunal Singla (Associate Director) at Univest have put these names on their watchlist. Targets are brokerage targets where one is cited, otherwise the upper SuperTrend band, or twice the 14-day average daily range where the band is too close. Stop-losses sit one average daily range below Thursday's close.

10 Stocks to Buy Today: Targets, Stop-Losses and Market Caps

Company CMP (Rs) Target (Rs) Stop-Loss (Rs) Market Cap (Rs Cr)
Infosys 1,153.35 1,207.25 1,118.74 4,67,821
Reliance Industries 1,184.50 1,230.75 1,157.19 16,00,675
Persistent Systems 5,740.50 6,230.10 5,541.14 90,809
Adani Energy Solutions 1,295.40 1,424.48 1,245.86 1,58,661
Havells India 1,073.00 1,166.46 1,043.34 67,306
Zydus Lifesciences 1,135.00 1,207.32 1,104.43 1,13,217
Bharat Electronics 364.50 390.09 356.39 2,66,728
Dr Reddy's Laboratories 1,239.00 1,294.31 1,211.34 1,02,847
Axis Bank 1,212.00 1,620.00 1,183.18 3,77,650
Tech Mahindra 1,829.10 1,950.00 1,771.27 1,79,310

CMP is Thursday's close. Market caps are adjusted to Thursday's close. Targets and stop-losses are levels to watch, not forecasts, and a close below the stop-loss invalidates the setup.

Why Each of the 10 Stocks to Buy Today Made the List

1. Infosys: Results at 3:45 PM Today at 15.6 Times Earnings

Infosys closed at Rs 1,153.35, down 1.25 percent, and reports Q2 results at around 3:45 pm today, with the board also considering a dividend. The stock trades at about 15.6 times trailing earnings against an industry figure of 17.46, with a dividend yield of 4.11 percent. Ankit Jaiswal flags Rs 1,207.25, the upper SuperTrend band, as the target level, 4.7 percent above the close. The risk is the RSI of 73.3 and a result-day gap, since the stop-loss of Rs 1,118.74 is 3.0 percent below the close.

2. Reliance Industries: Jio Platforms Issue Closes Today

Reliance Industries closed at Rs 1,184.50, down 2.03 percent, as the Jio Platforms issue reached 3.47 times subscription by 11 am on day two, with institutions at 9.42 times and the retail quota fully subscribed. Kunal Singla flags Rs 1,230.75, the upper SuperTrend band, as the target level, 3.9 percent above the close. The risks are that the stock closed at its day low, the SuperTrend is still bearish, and prepaid services were 77.08 percent of Jio's FY26 revenue. The stop-loss is Rs 1,157.19.

3. Persistent Systems: Rs 4,265 Crore Placement Opens at a Rs 5,550 Floor

Persistent Systems closed at Rs 5,740.50, down 2.01 percent, after opening a placement of up to 450 million dollars, about Rs 4,265 crore, at a floor price of Rs 5,550. The SuperTrend is bullish with support at Rs 5,429.45, and Ankit Jaiswal flags Rs 6,230.10, the upper band, as the target level. The risk is dilution: a 5 percent discount would price the issue at Rs 5,272.50, about 8.2 percent below the close, and the stock trades at about 51 times earnings against an industry figure of 17.46.

Also read – 10 Stocks to Buy Today: Targets and Stop-Losses After a 2.88% IT Rally and Strong Results That Still Fell

4. Adani Energy Solutions: Q2 Profit Up 145% on Revenue Up 53%

Adani Energy Solutions closed at Rs 1,295.40, down 2.16 percent, as its board approved Q2 results showing net profit up 145 percent to Rs 1,363.92 crore and revenue up 53 percent to Rs 10,075.54 crore. It also completed a Rs 3,500 crore placement in the quarter. Kunal Singla flags Rs 1,424.48, the upper SuperTrend band, as the target level. The risk is quality of profit: a deferred tax credit of Rs 1,581.35 crore lifted the figure, the SuperTrend is bearish, and the stock trades at about 52 times earnings.

5. Havells India: EBITDA Up 30% on Revenue Up 35%

Havells India closed at Rs 1,073, up 0.13 percent, after Q2 standalone EBITDA rose 30 percent to Rs 576 crore and revenue rose 35 percent to Rs 6,417 crore. The SuperTrend is bullish with support at Rs 1,039.89, and Ankit Jaiswal flags Rs 1,166.46, the upper band, as the target level. The risk is margin: EBITDA margin slipped 30 basis points to 8.98 percent and net profit rose only 11 percent. The stock trades at about 41 times earnings against an industry figure of 44.27.

6. Zydus Lifesciences: US FDA Approval for a Transdermal Therapy

Zydus Lifesciences closed at Rs 1,135, up 1.58 percent, after final US FDA approval for a generic transdermal menopause treatment, in a session where only pharma and PSU banks rose among the sectors checked. Kunal Singla flags Rs 1,207.32, the upper SuperTrend band, as the target level. The risk is that the SuperTrend is bearish, the close is 1.2 percent below the 20-day average of Rs 1,148.98, and one product approval rarely changes quarterly earnings. The stock trades at about 24 times earnings against an industry figure of 35.97.

Filter Stocks by RSI, SuperTrend and Volume on the Univest Screener

7. Bharat Electronics: Rs 1,011 Crore of Orders and an RSI of 31

Bharat Electronics closed at Rs 364.50, down 1.80 percent, after announcing additional orders worth Rs 1,011 crore since its 13 October disclosure. The RSI is 31.2, the company carries no debt, and Ankit Jaiswal flags Rs 390.09, the upper SuperTrend band, as the target level. The risk is that the trend is bearish and the close is 4.3 percent below the 20-day average, so an order win has not yet stopped the selling. The stock trades at about 44 times earnings against an industry figure of 48.06.

8. Dr Reddy's Laboratories: Q2 Results Today After Its Board Meeting

Dr Reddy's Laboratories closed at Rs 1,239, down 0.44 percent, and reports Q2 results today after a board meeting, with the earnings call at 7:30 pm. The SuperTrend is bullish with support at Rs 1,164.28. Kunal Singla flags Rs 1,294.31, twice the average daily range above the close, because the upper SuperTrend band of Rs 1,265.53 is only 2.1 percent away. The risk is a result-day gap after the market closes, and the stock trades at about 32 times earnings against an industry figure of 35.97.

Also read – Stocks to Watch Today: Jio Issue Day Two, Eternal's Profit Miss and a 10% Jump in L&T Technology Services

9. Axis Bank: Four Brokerages Positive, Targets Up to Rs 1,700

Axis Bank closed at Rs 1,212, up 0.17 percent, after Q2 profit rose 37.6 percent to Rs 7,003.3 crore. Jefferies has a Buy at Rs 1,700, JPMorgan and Citi sit at Rs 1,620, and Bernstein has an Outperform at Rs 1,600. Ankit Jaiswal flags Rs 1,203.94, the SuperTrend support, as the line the setup depends on. The risks are net interest margin of 3.36 percent, the close sitting 2.1 percent below the 20-day average, and a brokerage target that sits 33.7 percent above the price.

10. Tech Mahindra: 1:1 Bonus Proposal and a Rs 15 Dividend Record Date Today

Tech Mahindra closed at Rs 1,829.10, down 0.31 percent, after Q2 net profit rose 32.7 percent to Rs 1,585.6 crore. The board recommended a 1:1 bonus issue, subject to shareholder approval, and a Rs 15 interim dividend with a record date of 23 October, which typically means the stock trades ex-dividend today. Motilal Oswal and Nuvama have placed targets at Rs 1,950, and Kunal Singla flags Rs 1,629.20, the SuperTrend support. The risk is the RSI of 79.7 and a valuation of about 32 times earnings against an industry figure of 17.46.

Download the Univest iOS App or Univest Android App to track these ten stocks, set stop-loss alerts and follow live levels.

Risks Before You Act on These 10 Stocks to Buy Today

  • Infosys, Dr Reddy's Laboratories and Reliance Industries all have dated events today, and a result-day or issue-close gap can pass through a stop-loss without a fill.
  • Infosys, Persistent Systems and Tech Mahindra are IT stocks, and Nifty IT fell 1.05 percent on Thursday after rising 2.88 percent on Wednesday, so the sector can reverse quickly.
  • Four of the ten (Reliance Industries, Adani Energy Solutions, Zydus Lifesciences and Bharat Electronics) still have a bearish SuperTrend, so their targets sit at resistance.
  • The Nifty fell 0.54 percent and Nifty 500 fell 0.65 percent on Thursday, so market breadth was weaker than the Nifty alone suggests.

Observe the stop-loss on every position and consult a SEBI-registered adviser before investing.

Conclusion

The 10 stocks to buy today share one trait: each has a confirmed catalyst and a defined stop-loss, but none removes risk. Ankit Jaiswal and Kunal Singla suggest watching how Infosys, Reliance Industries and Dr Reddy's Laboratories trade around their events. Observe every stop-loss, size positions for the downside and consult a SEBI-registered adviser before you buy.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

What are the 10 stocks to buy today?

Ans. The 10 stocks to buy today are Infosys, Reliance Industries, Persistent Systems, Adani Energy Solutions, Havells India, Zydus Lifesciences, Bharat Electronics, Dr Reddy's Laboratories, Axis Bank and Tech Mahindra, based on Thursday's close and confirmed catalysts.

What is the target and stop-loss for Infosys?

Ans. Infosys closed at Rs 1,153.35. The target level is Rs 1,207.25, the upper SuperTrend band, and the stop-loss is Rs 1,118.74, one average daily range below the close. Infosys reports Q2 results at around 3:45 pm today.

Why is Adani Energy Solutions on the list after a 2.16 percent fall?

Ans. Adani Energy Solutions reported Q2 net profit up 145 percent to Rs 1,363.92 crore on revenue up 53 percent. A deferred tax credit of Rs 1,581.35 crore lifted the profit, which is the main risk.

Which stock has the widest upside to its target?

Ans. Axis Bank, at about 33.7 percent to a Rs 1,620 brokerage target, followed by Adani Energy Solutions at about 10 percent to its upper SuperTrend band. A brokerage view runs on a longer horizon than one session.

What is the biggest risk in these 10 stocks?

Ans. Result-day and issue-close gaps are the biggest risk, since Infosys, Dr Reddy's Laboratories and Reliance Industries all have events today. Use the stop-loss on every position.

When does Dr Reddy's Laboratories report Q2 results?

Ans. Dr Reddy's Laboratories reports Q2 results today, 23 October, after a board meeting. The earnings call is at 7:30 pm.

How should I use the stop-loss levels?

Ans. Treat each stop-loss as the level where the setup fails, size the position so the loss is acceptable, and exit if the stock closes below it. Consult a SEBI-registered adviser for your own plan.

Are these picks suitable for everyone?

Ans. No. The list is educational, risk appetite and time frames differ, and Univest does not guarantee any outcome, so check each level against live prices before you decide.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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