Top Stocks to Buy Today: Stock Recommendations for October 16, 2025 – Checklist – The Times of India

Key recommendations for the stock market: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buying calls for today are: Bikaji, Voltas and Torrent Power. Here is his view on Nifty, Bank Nifty and top stock picks for October 16, 2025.Index view: usefulAfter two days in the red, Nifty is back in the green, erasing the losses of the last two days – closing at the highest level in four weeks. The current leg opens for a short-term rise to 25450, with a buy-on dip now opening near 25250. The support may be cut to 25050 on Nifty Spot, while a major short-covering move will occur once the index closes above 25500 on a weekly closing basis.Bank HandyBank Nifty has achieved its target of 56650 which we had hinted at last week as the index gained strength on Friday after the inside bar formation in the previous session. Bank Nifty is still seen as a buy-on-dip candidate for a short-term target of 57250 odd.BIKAJI (BUY):

The stock has refused to drop below the 200 DMA in recent trading days, showing signs of the presence of buyers below this level. The volume spurt in the last 30 minutes of trading yesterday indicates early signs of a reversal in the same area, given the trendline break that served as a tailwind for the same last month. Goal opening soon towards 800.VOLTAS (BUY):

Voltas forms an inverse head-and-shoulders pattern on the weekly charts from February 2025. While on the hourly and daily charts, the stock has just broken out of a bullish flag formation, citing early signs of an interlocking breakout, which could potentially move higher than the IH&S neckline. Additionally, retention above 200DMA allows for short counter coverage to be developed.TORN POWER (BUY):

For Torrent Power stock, a six-month tapering trendline break is seen as a follow-up after the original corrective trendline was removed last month and has remained in place since October 2024. The reversal of the previous March 2025 supports and this double trendline break confirms that the short-term forward trend has now shifted upwards and is retesting its 200 DMA at the 1380/1390 boundary.(Disclaimer: The recommendations and views on the stock market and other asset classes given by experts are their own. These views do not represent the views of The Times of India)