Wipro, BEL, NTPC, To Eternal: 5 Stocks To Buy Next Week For Explosive Potential; Check Target Price

Stocks To Buy: Nifty and Sensex traded in a range-bound manner throughout the week, as investors stayed in the 'wait and watch' mode due to geopolitical uncertainty. Many are also keenly following developments around the India-US trade deal and the upcoming first quarter company results.

While Nifty 50 ended at 25461 points with a 0.66% of weekly loss, BSE Sensex pared weekly loss of 0.41% 83,432.89 points. Another reason for cautious sentiment prevailing across the market during the last week was the reversal in foreign institutional investors (FII) investment.

After remaining net buyers throughout June, FIIs, turned into net sellers in the first week of July, which reflected a cautious sentiment amid global uncertainty and stock market volatility.

"The Indian market is experiencing a pause as investors adopt a wait-and-watch strategy ahead of the impending US tariff deadline with mixed global cues. Ongoing FII outflows reflect a risk-off approach, while DII inflows are offering partial support.Following the recent rally, main indices are hovering near peak valuation levels, limiting further upside, which is highly dependent on Q1 earnings and details of the trade deal. In the mid- and small-cap space, the market has shifted to being more stock-specific following the recent recovery," said Vinod Nair, head of research, Geojit Investments.

Stocks To Buy Next Week

After a week of cautious investment strategy, investors who are looking to make some gains in the coming week can consider adding a number of PSUs, tech giants, and other new age media companies's stock in their portfolio.

Stock of companies like Jio Financian Services, Wipro, BEL, Eternal, and NTPC may lead to gains in the week, according to HDFC Securities' Market Expert, Anuj Gupta.

Jio Financial Services | Target Price: Rs 350-360

Jio Financial Services stock ended 0.03% higher at Rs 325 per share on BSE on Friday, July 5. The stock had touched an intraday high mark of Rs 327.50 apiece and an intraday low mark of Rs 323.40 apiece. Jio Financial Services stock touched its 52-week high mark of Rs 363 per share on BSE on 27 September, 2024 and a 52-week low mark of Rs 198.6 at 3 March, 2025.

"Higher top higher bottom formation. Breakout with substantial volume.. BUY JIO AROUND 315-320 SL 304 TARGET 350-360," stated Gupta.

Wipro | Target Price: Rs 290-295

Wipro shares closed 1.1% higher at Rs 270.05 per share on BSE on Friday with a market capitalisation of Rs 2,83,075 crore. The stock touched its 52-week high mark of Rs 324.55 per share on 23 January, 2025. Whereas its valuation dipped to its 52-week low mark of Rs 225.05 on 7 April, 2025.

The stock market analyst has recommended investors to buy Wipro stock at around Rs 260-265 per share and a target price of Rs 290-295 per share.

BEL | Target Price Rs 460-470

Bharat Electronics Limited (BEL) shares have witnessed a sharp surge in demand among investors, especially after the company announced that it has confirmed defence orders and its execution. The stock ended 0.33% higher at Rs 427.55 per share on BSE with a market capitalisation of Rs 3,12,529.59 crore.

The defence PSU stock's valuation has increased by 45% year to date, and by 250% in two years. The stock has received a 'Buy' recommendation with a target price of Rs 460-470.
"In a Bullish run... Buy BEL around 415-420 SL 387, Target 460-470," according to Gupta.

Eternal | Target Price Rs 250-255

Share of new-age company Eternal ended 0.21% higher at Rs 261.2 per share. The stock touched its 52-week high mark of Rs 304.5 per share on BSE on 5 December, 2024. Whereas, the stock dipped to its 52-week low mark of Rs 189.60 per share on 7 April, 2025.

According to the analyst, investors must consider buying "Eternal aound 250-255 SL 235 with a target 280-285."

NTPC | Target Price Rs 370-375

The PSU stock has always enjoyed heightened investors interest because of its stable returns, government-backing and strong order book. NTPC shares ended 0.21% higher at Rs 335.5 apiece. The stock touched its 52-week high mark of Rs 448.3 per share on 30 September, 2024. It dipped to its 52-week low mark of Rs 292.7 per share on 17 February, 2025."

Disclaimer: The write-up is just for information purposes, and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on article mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.