Bajaj Broking Research has issued stock recommendations for July 10, 2026, identifying Bharti Airtel and HDFC Bank as top buying opportunities. According to the brokerage's analysis, both stocks have generated technical breakouts that signal continuation of their upward movements, offering fresh entry opportunities for the next leg of their respective trends.
The telecom major is positioned at the cusp of generating a breakout above its 4-month consolidation range of ₹1740-1930, as reported by Bajaj Broking Research. The stock has recently rebounded from the value area of ₹1700-1750, which represents the confluence of the 61.8% retracement of its previous rally from ₹1559-2174 and the April 2025 major breakout area. The brokerage expects the stock to target ₹2125 over the coming months, representing the measuring implication of the 4-month range breakout.
HDFC Bank has generated a breakout above its 12-week consolidation range of ₹820-732, according to Bajaj Broking Research analysis. The stock demonstrated strength by completely retracing its 8-week decline from ₹820 to ₹732 in just 4 weeks, which signals continuation of the upward move. The brokerage expects the stock to head towards ₹910 over the coming months, being the measuring implication of the 12-week range breakout.
The stock recommendations come amid a positive market session on Thursday, where Indian benchmark indices rebounded after Wednesday's steep losses. As reported by The Times of India, the BSE Sensex ended 238.22 points higher at 76,741.82, while the NSE Nifty 50 added 80.75 points to close at 23,962.80. The recovery was broad-based with 14 of the 16 major sectoral indices ending in positive territory, led by realty stocks which soared 3.5% and PSU banks which rallied 1.6%. Market participants remained cautious due to ongoing military exchanges between the US and Iran continuing for a second straight day, though foreign institutional investors remained net buyers supporting the financial sector recovery.
