Bajaj Broking Research has recommended Bharti Airtel and HDFC Bank as ‘Buy’ stocks for July 10, 2026, complete with price targets, stop‑loss levels and projected returns. The recommendations come as India’s Nifty 50 and Sensex show modest gains, signalling a cautious but bullish market mood.
मुख्य बिंदु (Key Takeaways)
- Bharti Airtel – Buy ₹1910‑₹1942, target ₹2125, 10% upside, 6‑month horizon
- HDFC Bank – Buy ₹810‑₹830, target ₹910, 11% upside, 6‑month horizon
- Nifty 50 and Sensex rebound; investors returning to broad‑based buying
Bajaj Broking Research released its daily equity call on July 10, 2026, highlighting two heavyweight names that exhibit strong technical momentum. Both recommendations stem from a disciplined chart‑pattern analysis that weighs recent consolidation ranges against Fibonacci retracements and breakout measurements.
Bharti Airtel – Poised for a Breakout
The telecom giant is trading within a buy window of ₹1910‑₹1942, with a target price of ₹2125 and an expected 10% return over the next six months. The stock has just breached the four‑month consolidation band of ₹1740‑₹1930, suggesting the next leg of the uptrend is underway. Weekly charts reveal a rebound off the 1700‑1750 value area, which aligns with the 61.8% Fibonacci retracement of the previous rally (₹1559‑₹2174) and the April 2025 breakout zone. A shallow retracement after an eight‑month climb underscores underlying strength.
HDFC Bank – Rapid Recovery Signals Strength
HDFC Bank’s price action shows a breakout above the 12‑week range of ₹820‑₹732, prompting a buy recommendation between ₹810‑₹830. The target of ₹910 implies an 11% upside in six months. Notably, the stock recovered the entire eight‑week decline in just four weeks—a faster-than‑expected retracement that often signals robust buying pressure and a continuation of the bullish trend.
Market Round‑up
India’s benchmark indices rallied on Thursday after a steep dip on Wednesday. The BSE Sensex climbed 238 points to close at 76,741.82, while the NSE Nifty 50 added 80.75 points, ending at 23,962.80. The rally was tempered by profit‑booking in the final hour and lingering geopolitical tension between the United States and Iran, which kept traders cautious.
Outlook and Investor Guidance
Analysts expect both Airtel and HDFC Bank to test their respective targets if they hold current support levels. With foreign inflows picking up and domestic consumption rebounding, the broader equity market could see further upside. However, investors should respect stop‑loss placements and maintain diversification to navigate any short‑term volatility.