Key Takeaways

• However, Bank Nifty’s underperformance is unlikely to end unless it reclaims back above 59500 mark.
• The index has now instead taken a polarity support on its age-old trendline rising from the lows in March 2020.

Key Development 1

NewsBusiness NewsIndia Business NewsTop stocks to buy or sell today: Stock recommendations for January 22, 2026 – check listTrendingTop stocks to buyStock market todayTrump tariffsNational Electricity Policy 2026Deepinder GoyalBudget 2026Gold price predictionTop stocks to buyStock market todayTrump tariffsNational Electricity Policy 2026Deepinder GoyalBudget 2026Gold price predictionTop stocks to buyStock market todayTrump tariffsNational Electricity Policy 2026Deepinder GoyalBudget 2026Gold price predictionTop stocks to buy or sell today: Stock recommendations for January 22, 2026 – check listTOI Business Desk / TIMESOFINDIA.COM / Jan 22, 2026, 07:30 ISTCommentsShareAA+Text SizeSmallMediumLarge Top stocks to buy or sell today (AI image) Top stock market recommendations: as per Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Swiggy, Godrej Consumer Products, while GAIL is a sell call.

Here’s his view on Nifty, Bank Nifty, and the top stock picks for January 22, 2026:Index View: NiftyNifty broke below its support of 25500 and completed both of its target of 25120/24950 on the downside before saving its neck above the 200 DMA on a closing basis yesterday.

Given the swift price action and structure, Nifty is likely to unfold a bounce of up to 25500 odd ahead of the Union Budget day with support seen at Wednesday’s low of 24900 odd.

These opinions do not represent the views of The Times of India)About the AuthorTOI Business DeskThe TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India.

Key Development 2

However, Bank Nifty’s underperformance is unlikely to end unless it reclaims back above 59500 mark.

A retest of its March 2025 low is now likely to be seen on cards.Godrej Consumer Products (BUY):LCP: 1222Stop Loss: 1206Target: 1310After a 15 month trendline breakout seen at the start of the current calendar month, stock has now been in sideways consolidation waiting for triggers.

For the short term a break above 58930 is likely to create a vacuum for buyers to head for 59270/59450.SWIGGY (BUY):LCP: 334Stop Loss: 324Target: 361Having completed its bearish flag targets in yesterday’s trade, SWIGGY is back to its May 2025 breakout levels and possibility of a huge bounce is elevated at these levels.

The index has now instead taken a polarity support on its age-old trendline rising from the lows in March 2020.

Key Development 3

With mayhem witnessed in broader markets, FMCG basket could be the one seeing buying interest and hence a stock which has now already broken out allows to read price action traces.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own.

Dips below the 25100 mark are likely to get bought into.Bank NiftyBank Nifty broke its 2 month rising trendline underperforming the Nifty after a repeated outperformance from the start of this month.

An 8-10% dead-cat bounce can play out given the price action seen on daily charts herewith.GAIL (SELL):LCP: 163Stop Loss: 168Target: 150GAIL ended at a 9 month closing low early this week after witnessing repeated selling pressure ever since the gap down seen in the last week of November 2025.

The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies.

Key Development 4

With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.Read MoreEnd of ArticleFollow Us On Social MediaPhotostoriesFrom mantis to hippo: 5 animals that eat their own speciesFrom India to Paris, 10 baby names inspired by countries'Dhurandhar 2 – The Revenge': A quick recap of Part 1 before Ranveer Singh’s teaser dropsFrom 'Naagzilla' to 'The Odyssey': The much-awaited fantasy movies releasing in 2026How to make Dhaba-Style Amritsari Paneer Bhurji for dinner at homeNot just the Beckhams: 5 famous family feuds that shocked the worldUnseen gems: Rare photos of Rajesh KhannaLaughter Chefs Season 3 to bring major changes: OG Arjun Bijlani, Ankita Lokhande–Vicky Jain return as Team Kaanta vs Churi endsJapanese Ambassador relishes biryani with bare hands: 6 times global leaders have shown love for Indian food10 Asian cities with the longest commute time to work123Hot PicksSilver price todayBudget 2026Karnataka DGP ScandalGold price predictionNitin NabinPublic holidays January 2026Bank Holidays JanuaryTop TrendingMatthew StaffordTravis KelceDonald Trump PlaneUdaipur Car AccidentJonathan KumingaCandace OwensDonna KelceJohn Harbaughs WifeKlay ThompsonsAshwini VaishnawTired of too many ads?go ad free nowTrending StoriesIn BusinessEntire WebsiteAtal Pension Yojana to continue up to 2030-31High frequency indicators point to continued buoyancy: RBI reportSensex swings 1.3k pts, ends below 82kOutward remittances fall to two-year low in NovGold trades near $4.9k/oz, silver at $95/ozHow FM can simplify TCS to ease cash flow pressureL'Oreal to pump 3.5k cr in 1st AI-powered global tech hubZomato founder Goyal steps down as grp CEOAnother day, another low for Re against $ amid turbulenceCabinet approves Rs 5,000cr equity infusion for SidbiJohn Harbaugh’s wife Ingrid turns heads during Giants’ headline-making entranceMLB trade rumors: New York Mets might acquire $10 million Philadelphia Phillies star to bolster team before deadline“Virtually banned everywhere”: Sneako reportedly banned from US hospitality groups after anti-Semitism allegations surface‘Hangman’ Adam Page and Amanda Woltz combined net worth: AEW earnings, career growth, and lifestyleJeanie Buss’ intense beef with LeBron James reportedly escalated enough for Los Angeles Lakers to weigh bombshell rival-team trade“I need help fixing”: Podcaster Brent Wallace extends support to Linus Ullmark after he opens up about his mental healthLeBron James’ “outsized ego” reportedly became a quiet issue for Jeanie Buss: Inside ESPN’s reportStableRonaldo bans law firm account after viewers flag suspicious clips of FaZe house damageDodgers pitcher Alex Vesia and wife Kayla share emotional sunset post after heartbreaking loss of newborn daughterNico Hoerner net worth timeline (2016–2026): A decade of progress on and off the fieldFinancial calculatorsEMI CalculatorDetermine the monthly installment amount for a loanCalculate Now SIP CalculatorEstimate the returns on investments made through SIPsCalculate Now PPF CalculatorFind out maturity amount and interest earned on PPFCalculate Now FD CalculatorCheck maturity amount and interest earned on an FDCalculate Now NPS CalculatorEstimate the pension amount and corpus accumulated under NPSCalculate Now Mutual Fund CalculatorA Mutual Fund Calculator helps estimate the future value of investmentsCalculate Now 123456Tired of too many ads?go ad free now

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