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Top stocks to buy today: Stock recommendations for February 4, 2026 – check list – The Times of India

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Top stocks to buy today: Stock recommendations for February 4, 2026 – check list – The Times of India


Top stocks to buy (AI image)

Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today (February 4, 2026) are Indian Oil Corporation, Tata Elxsi, and IFCI. Let’s take a look:IOC – Trendline Breakout with Indicator ConfirmationBuy: ₹165–₹163 | Stop Loss: ₹159 | Target: ₹172Indian Oil Corporation (IOC) has formed a strong base near its 100-DEMA, which has acted as a reliable dynamic support in recent sessions. The stock has also delivered a decisive trendline breakout, indicating a potential shift in short-term momentum.On the indicator front, a bullish MACD crossover is visible, signalling strengthening upside momentum. The Stochastic Oscillator has reversed higher near the 30 zone without entering deep oversold territory, suggesting improving price strength and underlying buying interest.The confluence of 100-DEMA support, trendline breakout, MACD bullish crossover and stochastic reversal points towards a constructive setup with scope for further upside if the breakout sustains.TATA ELXSI – Alligator Breakout with Bullish MomentumBuy: ₹5,500–₹5,400 | Stop Loss: ₹4,900 (closing basis) | Target: ₹6,275 & ₹6,550 (1–3 months)TATA ELXSI has closed decisively above the Williams Alligator indicator, confirming a fresh uptrend and improvement in overall price structure.Momentum indicators remain supportive, with DMI in bullish mode (+DI above −DI), indicating strengthening buying pressure and positive directional movement. Additionally, the MACD sustaining above the zero line reflects strong trend momentum and increases the probability of continued upside.This combination of Alligator breakout, bullish DMI structure and positive MACD trend suggests a trend-continuation setup with scope for further upside in the coming weeks.IFCI – Alligator Breakout & Retest ConfirmationBuy: ₹56–₹50 | Stop Loss: ₹46 (closing basis) | Target: ₹63.5 & ₹67 (1–3 months)IFCI has closed decisively above the Williams Alligator indicator and has successfully completed a retest of the breakout zone, confirming continuation of the emerging uptrend and strengthening bullish structure.The DMI has turned positive (+DI above −DI), indicating buyers are in control and directional momentum is favouring the upside. The MACD sustaining above the zero line further supports positive trend momentum and enhances the probability of further upside movement.The alignment of price breakout, retest confirmation and bullish indicators suggests a constructive medium-term setup with favourable risk-reward.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)



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RBI sees no signs of excess credit risk, keeps countercyclical capital buffer inactive

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RBI sees no signs of excess credit risk, keeps countercyclical capital buffer inactive


The Reserve Bank of India (RBI) on Monday decided against activating the countercyclical capital buffer (CCyB), indicating that current financial and credit conditions do not warrant an additional capital requirement for banks, PTI reported.The central bank said the decision followed a review and empirical assessment of indicators used under the CCyB framework.“Based on review and empirical analysis of CCyB indicators, it has been decided that it is not necessary to activate CCyB at this point in time,” RBI said in a statement.Under the RBI (Commercial Banks – Prudential Norms on Capital Adequacy) Directions, 2025, the CCyB framework is activated when financial conditions indicate rising systemic risks linked to excessive credit growth.The framework primarily relies on the credit-to-GDP gap as a key indicator, along with supplementary metrics.According to the RBI, the CCyB mechanism is intended to serve two broad objectives.Firstly, it requires a bank to build up a buffer of capital in good times, which may be used to maintain the flow of credit to the real sector in difficult times.Secondly, it achieves the broader macro-prudential goal of restricting the banking sector from indiscriminate lending in the periods of excess credit growth that have often been associated with the building up of system-wide risk.The framework was introduced globally after the 2008 financial crisis as part of measures proposed by the Group of Central Bank Governors and Heads of Supervision (GHOS) under the Basel framework to strengthen financial system resilience.



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Ford boss hints at return of Fiesta as an electric model

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Ford boss hints at return of Fiesta as an electric model



The company has announced plans to build seven new models in Europe including a small electric hatchback.



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UK growth forecast upgraded by IMF but ‘risks’ remain

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UK growth forecast upgraded by IMF but ‘risks’ remain


“Today’s policymaking is constrained by a more volatile external environment with more frequent and overlapping shocks, a rising public interest bill, in part reflecting market concerns with countries’ elevated debt, and the long-standing challenge of weak productivity growth,” he said.



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