Top 5 stocks to buy: Hexaware, Sky Gold, Berger Paints, Mastek, Physicswallah by Sumeet Bagadia | Target price, stoploss
New Delhi, Oct. 8 -- Stocks to buy today | Sumeet Bagadia stock recommendations today: The key benchmark indices of the Indian stock market extended their decline as a combination of tighter domestic monetary policy expectations, persistent foreign selling and renewed Oil-price pressure weighed on risk appetite. Brent crude rose sharply above $104 a barrel intraday following renewed Middle East tensions, reviving concerns over imported inflation. The US 10-year Treasury yield is holding near 5.3%, and further rupee weakness has added pressure by strengthening the relative appeal of dollar-based assets. Together, these factors raise the prospect of tighter financial conditions and elevated inflationary pressures persisting for longer.
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