# Bagadia picks Federal Bank, M&M, TCS while Kothari picks ZEEL, GMR, NCC

2026-08-08T06:25:44+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Livemint reports that Sumeet Bagadia of Choice Broking has recommended buying Federal Bank (target ₹390), M&M (target ₹3,800), and TCS (target ₹2,700) on Monday. Mehul Kothari of Anand Rathi has recommended ZEEL (target ₹104), GMR Airports (target ₹118), and NCC (target ₹165). The recommendations come after the Nifty 50 ended Friday 0.27% lower at 24,570 due to a sell-off in financial stocks after the RBI's draft lending norms for NBFCs. Bagadia sees immediate support at 24,300, while Kothari views 24,100 as a buying zone.

## Coverage

- livemint.com <https://www.livemint.com/market/stock-market-news/buy-or-sell-sumeet-bagadia-recommends-three-stocks-to-buy-on-monday-10-august-2026-11786154773920.html>
- livemint.com <https://www.livemint.com/market/stock-market-news/stocks-to-buy-under-rs-200-mehul-kothari-of-anand-rathi-recommends-three-shares-to-buy-or-sell-11786168790531.html>

Tags: Choice Broking, Federal Bank, M&M, stock market, Sumeet Bagadia, TCS
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Cite: https://indianopinion.org/sumeet-bagadia-recommends-buying-federal-bank-mm-tcs-shares/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.
