Top stocks to buy today (AI image)

Stock market recommendations: Granules India, and RBL Bank are the top two stocks that Bajaj Broking Research has recommended for March 27, 2026. Views on Nifty, and Bank Nifty have also been shared:Index View: NiftyIndian benchmark indices staged a strong rebound over the past two trading sessions, driven by improving global sentiment amid signs of a possible de-escalation in Middle East tensions. Investor confidence was buoyed by reports suggesting that U.S. President Donald Trump is actively pursuing a diplomatic resolution to the nearly month-long conflict involving joint U.S.-Israeli forces and Iran.According to media sources, Washington has presented Tehran with a comprehensive 15-point peace proposal aimed at easing hostilities and restoring stability in the region. While these developments have sparked optimism across global markets, there has been no official confirmation or response from the Iranian side so far, leaving some uncertainty over the outcome of the initiative.The prospect of mediated conversations between the U.S. and Iran was enough to spark a decline in oil prices, which have been elevated for days compared to pre-war levels.Volatility is expected to remain elevated in the near term due to uncertain global cues, firm crude oil prices, and ongoing geopolitical tensions. The index is likely to consolidate in the range of 22,400–23,850 in the coming sessions.Nifty in the last two sessions rebounded from extreme oversold territory on both daily and weekly oscillators. Going ahead, a move above Wednesday’s high of 23,465 could extend the pullback towards 23,800 levels.However, for a meaningful pause in the ongoing downtrend, the index needs to form a sustained higher high–higher low structure on the daily chart and close above last week’s high of 23,862.On the downside a breach below current week low of 22,471 may trigger further downside towards 22,100 and 21,800 levelsBANKNIFTYBank Nifty also witnessed a strong rebound in the last two sessions driven by improving global sentiment amid signs of a possible de-escalation in Middle East tensions.Volatility is expected to remain elevated in the near term, driven by rising geopolitical tensions, and rising crude oil prices which continue to weigh on overall market sentiment.Index is likely to consolidate in the range of 51,400-54,800 in the coming sessions.Going ahead a strength above Wednesday high (54150) will open further pullback towards 54,800 levels in the coming sessions. Index need to form higher high and higher low on a sustained basis and closed above the 54,700 levels to signal a pause in the downward trend.On the downside a breach below 51,400 will open further downside towards 50,700 and 50,000.

Stock Recommendations:

Granules IndiaBuy in the range of ₹ 620.00-632.00

The share price of Granules India has generated a breakout above the last three months consolidation range 625-560 signaling strength and offers fresh entry opportunity.The breakout is supported by strong volume signaling larger participation at the breakout area. We expect stock to extend the up move and head towards 685 levels, being the measuring implication of the recent range breakout. The daily 14 periods RSI is in uptrend rebounding taking support at its nine periods average thus validating positive bias.RBL BankBuy in the range of 298-305

The stock has formed a potential double bottom around 290 levels and has surged above the 50 days EMA thus offers fresh entry opportunity.The stock has also given a breakout above last 9 days range signaling positive bias. We expect it to head towards 330 levels in the coming month being the 80% retracement of the entire decline (340-288)The daily 14 periods RSI has generated a buy signal moving above its nine periods average thus validate positive bias.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)