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Three stocks to buy Monday Shriram Finance Bharat Electronics Canara Bank
Analyst Sumeet Bagadia recommends Shriram Finance, BEL, Canara Bank as picks for 3 Nov amid rotation towards financials/defence.
Equity strategist Sumeet Bagadia has recommended three stocks for purchase on 3 November: Shriram Finance, Bharat Electronics (BEL) and Canara Bank. The selections reflect expectations of sectoral-rotation toward financials and defence, amid recent market consolidation. Bagadia notes valuations are favourable for these names given improving fundamentals and expected order flows. Investors are advised to set defined stop-losses as broader market momentum remains uncertain and sector risks persist.