Top stocks to buy or sell today: Stock recommendations for October 8, 2026 – check list

Top stocks to buy or sell on October 8, 2026

Top stock market recommendations: GAIL, and IndiGo (Interglobe Aviation) are the top stocks to buy today (October 8, 2026), while Hindustan Zinc is a sell call, according to Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth. He has shared his target prices and stop loss levels, along with views on Nifty and Bank Nifty:GAIL (BUY):

Stock has been in a sideways consolidation after breaking out in June 2026, it had been lacking tailwind for a follow through on this breakout. Additionally, price has bounced off from its 200 DMA, a couple of times and is now finding fresh buyers at its 200 WMA. Given the higher low formation and existing breakout, a follow through is expected to unfold northwards in this month.Hindustan Zinc (SELL):

A bearish head and shoulder breakout is in play. In addition to this, an 18-month rising trendline breakdown is on the verge which can get triggered given the current breakout on a smaller timeframe is in play. Stock is trading below its important averages along with a bearish flag breakdown in play in the current set up. Expect a 10% drop on prices from CMP.IndiGo (BUY):

The Interglobe Aviation stock has reversed after retracing 50% of its rally between March and August 2026. On daily timeframe prices are on verge of giving a bullish flag breakout which is supported by a rising 200 DMA.Prices are holding at 1-month highs despite a rise in crude oil prices, hence even a mild cool off on oil prices would allow sentimental buying to resume on the scrip. Breakout and structure for a 10% rally is already in play.Index View: Nifty & Bank NiftyNifty is up 200 odd points for the week so far after losing over 700 points in last week’s trade. With last week setting a 25-year record on charts witnessing an 8 consecutive weekly closing in red. Nifty has completed its bounce back move of 22750 – 22800 zone. Fresh upside opens up for 23150 only above 22800 however dips below 22500 can be used to create longs or add on to additional longs. Support is now trailed to 22400 on a closing basis.Spread between WTI and Brent has increased to over $10 / bbl and this has been the give-away point from the start of this year for oil prices to cool down and should be widely monitored.Bank Nifty has as well gained close to 600 points so far this week, after correcting over 1000 points last week. Markets have printed a muted reaction as it had already priced in a 25 bps rate hike by the RBI going into the policy week.This could now allow in widening the spread between US10Y yields and India 10Y yields allowing some solace in the selloff. The important level which we had highlighted last week has been defended on downside is 53850 in weekly closing has been held on to and hence a technical bounce of 55500 – 55700 can be seen playing out.(Disclaimer: Recommendations and views on the stock market, or any other asset classes or personal finance management tips given by experts and analysts are their own. These opinions do not represent the views of The Times of India.)