Top stocks to buy today: Stock recommendations for September 4, 2025 - check list

Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Dabur, Bajaj Auto, and Amara Raja Energy & Mobility.

Here’s his view on Nifty, Bank Nifty and the top stock picks for September 4, 2025:

Index View: Nifty

Despite having an inside bar formation, Nifty recouped twice of its previous day’s losses adding 135pt in yesterday’s trade. The positive rub off on the back of better than expected GDP numbers is now digested by the market, however market participant are now eyeing the GST meet outcome due post market hours today. Given the set up on daily charts, an upswing towards 24900 / 25050 is now open with support seen at 24500.

Momentum on the upside is likely to pick up once 24800 is crossed.

Bank Nifty

Bank Nifty has recouped all of its previous day’s losses in Wednesday’s trading session. The index has so far missed its extended target of 53500 by a whisker which is now likely to act as support on downside. Bank Nifty continues to hover at 3.5 month low as its resistance has been trailed to 54100. Any sustenance above 54100 would allow the index for a breather short covering northwards to the tune of 1000 odd points with an SL seen at 53500.

Stock recommendations

DABUR (BUY):

Given the momentum in FMCG names, Dabur has joined the list powered by a bullish (inverted) head and shoulder breakout on daily charts. The stock had been sustaining above its 200 DMA for the past 6 weeks now, while analysing the price volume action in Tuesday’s session, qualifies it for another 8-10% follow through rally on the upside.BAJAJ AUTO (BUY):

Adding to its ongoing bullish triangle breakout, Bajaj Auto has closed at a fresh 7 month high on daily charts.

The stock has also crossed its long term 200 DMA average in the fortnight passed by after a gap of 9 months. Daily charts also indicate a higher low formation for the past 3-4 odd months suggesting presence of buyers at lower levels which could allow additional upside from current breakout.ARE&M (BUY):

Given the sectoral traction on EV and rare earth names, battery stocks have started showing signs to end its ongoing consolidation. Amara Raja Energy & Mobility has now closed at a fresh 3 month high on the back of a sloping trendline breakout already witnessed in last week’s trading. Additional momentum could pick up above 1048 closing on the stock for targets of 10-15% higher from CMP. For now, we are eyeing 1092 as an initial target for this trade set up.(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)