Sagar Doshi, a prominent voice in the Indian stock market, has recently suggested a fresh set of stocks for investors to consider. His recommendations, which include HCL Tech, Nestle India, and NTPC, have garnered attention from investors seeking potential opportunities in the current market scenario.
HCL Tech
HCL Technologies, a leading global technology company, is a key pick in Doshi's recent recommendations. This suggestion comes after a previous recommendation from Doshi in May 2025, where he highlighted an inverted head and shoulder formation on the daily charts, awaiting a breakout of the neckline at ₹1,600. He noted a higher low formation, indicating potential for a short-term breakout with targets around the 200 DMA resistance near ₹1,725-₹1,735.
Nestle India
Nestle India, a major player in the FMCG sector, also features in Doshi's list. While specific reasons for the current recommendation are not detailed, it's noteworthy that Doshi had a different stance on the stock in early 2020. At that time, he issued a sell call on Nestle India with a target price of ₹13,450, suggesting a stop loss at ₹15,000. This earlier recommendation was based on his role at Edelweiss Financial Services. The current inclusion of Nestle India in his "buy" list indicates a significant shift in his outlook on the stock's potential. On January 29, 2026, Nestle India is expected to have a board meeting for Quarterly Results & Interim Dividend.
NTPC
NTPC, a leading energy conglomerate, completes Doshi's trio of stock recommendations. As of January 28, 2026, NTPC's share price was ₹348.00, up by 0.83%. As of January 28, 2026, the shareholding pattern reveals that the Promoter and Promoter Group holds 51.10% of the shares, totaling 4,95,53,46,251.00 shares.
Disclaimer: It is important to note that these are suggestions from a market expert and not guaranteed investment advice. Investors should conduct their own thorough research and consider their individual risk tolerance and investment objectives before making any decisions. The stock market is subject to various risks, and past performance is not indicative of future results.
