Kolkata: After four consecutive sessions of gains, the Indian stock market closed in the red on July 7, 2026. The market started with gains, and the Sensex and Nifty traded in the positive zone throughout the day.
But accelerated selling in the final hours dragged down both Sensex and Nifty in the red. The Sensex fell 104 points to close at 78180.72, while the Nifty fell 32 points to 24398.70, slipping below the 24400 level. However, Choice Broking has issued Buy signal for three stocks expecting more than 8% returns in three stocks. These are SPAL, BLISSGVS and JAYBARMARU and the technical analyst from the brokerage has mentioned target price and stop loss for each of the recommendations. These stocks show strong technical setups and bullish signals but an investor should never lose sight of the stop loss levels.
S P Apparels
Market price on July 7: Rs 1,158.00, up 4.89%
Choice Broking has a buy call on S P Apparels (SPAL) around Rs 1151. He has a stop loss of Rs 1080 and a target of Rs 1250. The stock is trading near its all-time high. The uptrend is considered strong as it remains above all major moving averages. The RSI is also strong, suggesting further upside momentum.
Bliss GVS Pharma
Market price on July 7: Rs 507.00, up 3.38%
Bliss GVS Pharma (BLISSGVS) has a buy call at Rs 512. The stop-loss level is set at Rs 477 and the target is Rs 555. Following recent profit-booking, the stock has seen renewed buying activity. The stock is trading above its key moving averages. Experts believe it could see a fresh rally from current levels.
Jay Bharat Maruti
Market price on July 7: Rs 189.12, up 5.00%
A buy call is recommended for Jay Bharat Maruti (JAYBARMARU) at Rs 187.6. The stop-loss level is set at Rs 175 and the target is Rs 204. The stock is trading at new record levels and continues to make higher highs. Strong volume and an upward trend support a buying call. Experts believe that if the stock remains above Rs 175, it could continue its upward trend.