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livemint_markets2 days ago
BULLISH(90%)
buy
Published on the original source: 2 Apr 2026, 9:30 AM IST

Stocks to buy or sell: Osho Krishan of Angel One suggests buying Hindustan Zinc, Chennai Petroleum shares to buy

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AI Analysis

The Indian market is currently facing headwinds from global geopolitical tensions and FPI outflows, leading to a cautious sentiment. However, DII buying provides some resilience, suggesting selective opportunities.

What happened

The Indian market is currently facing headwinds from global geopolitical tensions and FPI outflows, leading to a cautious sentiment. However, DII buying provides some resilience, suggesting selective opportunities.

Why it matters

Traders should focus on stock-specific opportunities with strong fundamentals or positive analyst recommendations, while maintaining strict stop-losses given the volatile market conditions.

Impact on Indian markets

For Indian markets, this story mainly matters for HINDZINC, CHENNPETRO, and the Metals & Mining, Oil & Gas, Financial 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 HINDZINC, CHENNPETRO, , . Sectors in focus include Metals & Mining, Oil & Gas, Financial Services. Recommended for buying by Osho Krishan of Angel One. Recommended for buying by Osho Krishan of Angel One.

What traders should watch next

Watch whether the next market session confirms the setup described here: Recommended for buying by Osho Krishan of Angel One. Recommended for buying by Osho Krishan of Angel One. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

Trading Insight

Traders should focus on stock-specific opportunities with strong fundamentals or positive analyst recommendations, while maintaining strict stop-losses given the volatile market conditions.
Quick check: HINDZINC neutral (+2.6% 1d), CHENNPETRO bullish bias (+4.1% 1d).

Key Evidence

  • Nifty 50 fell 1.31% and Sensex 1.19% at market open on April 2.
  • Declines were influenced by Asian markets and U.S.-Iran tensions.
  • FPIs sold shares worth 83.31 billion rupees.
  • DIIs purchased stocks worth 71.72 billion rupees.
  • Osho Krishan of Angel One suggests buying Hindustan Zinc and Chennai Petroleum shares.

Affected Stocks

HINDZINCHindustan Zinc Ltd.
Positive

Recommended for buying by Osho Krishan of Angel One.

CHENNPETROChennai Petroleum Corporation Ltd.
Positive

Recommended for buying by Osho Krishan of Angel One.

Nifty 50
Negative

Fell 1.31% at market open.

Sensex
Negative

Fell 1.19% at market open.

People in this Story

O
Osho Krishan

Analyst at Angel One

Provided stock recommendations for buying.

Sources and updates

Original source: livemint_markets
Original publish time: 2 Apr 2026, 9:30 AM IST
Last updated in Anadi News: 2 Apr 2026, 9:43 AM IST

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