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livemint_marketsabout 2 hours ago
BULLISH(90%)
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Published on the original source: 2 Apr 2026, 10:44 AM IST

Stocks to buy for the short term: From Swiggy to JSW Steel— Kotak Securities' Amol Athawale shares 3 stock picks

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AI Analysis

The metals sector is influenced by global commodity cycles and China's demand, with recent volatility seen in metal stocks. The auto sector, represented by TVS Motor, often reflects consumer sentiment and economic growth.

What happened

The metals sector is influenced by global commodity cycles and China's demand, with recent volatility seen in metal stocks. The auto sector, represented by TVS Motor, often reflects consumer sentiment and economic growth.

Why it matters

For JSW Steel, monitor global steel prices and domestic demand cues; for TVS Motor, track auto sales data and festive season demand. Maintain strict stop-losses given the short-term nature of the recommendations.

Impact on Indian markets

For Indian markets, this story mainly matters for JSWSTEEL, TVSMOTOR, and the Metals & Mining, Automobiles, Internet Services pocket. The current signal is bullish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Stocks and sectors to watch

Stocks in focus include JSWSTEEL, TVSMOTOR, . Sectors in focus include Metals & Mining, Automobiles, Internet Services. Recommended for short-term gains by a prominent analyst. Recommended for short-term gains by a prominent analyst.

What traders should watch next

Watch whether the next market session confirms the setup described here: Recommended for short-term gains by a prominent analyst. Recommended for short-term gains by a prominent analyst. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

Trading Insight

For JSW Steel, monitor global steel prices and domestic demand cues; for TVS Motor, track auto sales data and festive season demand. Maintain strict stop-losses given the short-term nature of the recommendations.
Quick check: JSWSTEEL neutral (+2.1% 1d), TVSMOTOR neutral (+1.9% 1d).

Key Evidence

  • Amol Athawale from Kotak Securities identified three stocks for short-term gains.
  • The recommended stocks are JSW Steel, TVS Motor Company, and Swiggy.
  • Recommendations are based on technical analysis.
  • Risk flag: Volatility in global commodity prices for JSW Steel.
  • Risk flag: General market volatility impacting short-term trades.

Affected Stocks

JSWSTEELJSW Steel
Positive

Recommended for short-term gains by a prominent analyst.

TVSMOTORTVS Motor Company
Positive

Recommended for short-term gains by a prominent analyst.

Swiggy
Positive

Recommended for short-term gains by a prominent analyst, indicating strong market interest even before its potential listing.

People in this Story

A
Amol Athawale

analyst at Kotak Securities

provided the stock recommendations

Sources and updates

Original source: livemint_markets
Original publish time: 2 Apr 2026, 10:44 AM IST
Last updated in Anadi News: 2 Apr 2026, 10:46 AM IST

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