According to The Times of India, Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group has recommended three stocks for June 4, 2026. As per Business Standard, Shrikant Chouhan, Head Equity Research at Kotak Securities, has also provided additional recommendations for June 9, 2026, including CarTrade Tech and Gravita India. The expert recommendations span across multiple sectors with specific buy recommendations and technical analysis for both established and emerging opportunities.
As reported by Business Standard, CarTrade Tech is currently trading at ₹2,070 with a fair value of ₹2,300, showing resistance at ₹2,120-₹2,220 and support at ₹2,010-₹1,880. The company operates as a leading digital platform across automotive classifieds, vehicle auctions, and online marketplaces through brands like CarWale, CarTrade, BikeWale, Shriram Automall (SAMIL), and OLX India. Despite AI-driven disruption concerns, the extensive dealer network and proprietary automotive data provide competitive advantages. OLX India remains the only marketplace of scale in India's second-hand goods market with 30-32 million monthly active users and annualized GMV of approximately US$3 billion in FY2025.
According to Business Standard, Gravita India is trading at ₹1,547 with a fair value of ₹1,910, showing resistance at ₹1,620-₹1,650 and support at ₹1,510-₹1,460. The company has acquired Rashtriya Metal Industries (RMIL) for ₹560 crore, marking entry into copper recycling with a 31.2 ktpa capacity plant in Sarigram, Gujarat generating revenues of ₹1,040 crore and Ebitda of ₹80 crore in FY2026. The company plans to establish a 29.4 ktpa copper recycling plant in Mandvi, Gujarat at ₹160 crore capex over the next 12 months, with utilization expected to improve from 50% to 60-65% and margins rising from ₹45/kg to ₹70/kg after full integration.
According to The Times of India, Timken India has been recommended as a BUY with an LCP of ₹3491, stop loss at ₹3370, and target of ₹3750. The stock has formed a strong base over the past several weeks, indicating an end of consolidation and accumulation phase. This base-building has resulted in a rounding bottom breakout above the ₹3500 level, signalling a transition from consolidation to sustained uptrend, with the pattern projecting approximately 8-10% upside from current levels.
As reported by The Times of India, Bosch has been recommended as a BUY with an LCP of ₹37760, stop loss at ₹35700, and target of ₹41100. After a slope trendline breakout seen mid-April 2026 on weekly charts, the stock has been consolidating in a tight band for the past 6 weeks. A sustained trade above its 200 DMA for the past 2 weeks now allows for a follow-up move, with this being the first instance of 2 consecutive closing in green coupled with a close higher than previous day's high in the past 3 weeks of consolidation.
According to The Times of India, Nifty recovered over 300 points from intraday lows after buying emerged from an unfilled gap near 23150. The index ended in red as participants built on expectations of reforms announcements, with the broader view remaining unchanged and 23400 needing to be defended by this Friday for broad-based short covering to emerge. Targets on the upside are seen as 23800 and 24100 in the coming week on Nifty, while Bank Nifty ended about a percent in green as it defended its 53500 support for 2 consecutive days.
