Angel One Spotlights 'BUY' Opportunities in Triveni Engineering & PCBL Amidst Market Correction
Despite Nifty 50's dip, Osho Krishan from Angel One recommends 'BUY' calls for Triveni Engineering [TRIVENI] and PCBL [PCBL], pointing towards potential value in a cautious market.
Brokerage Recommendation
Angel One
Mumbai, April 23, 2026 – Indian equity markets experienced a downturn today, with the benchmark Nifty 50 declining by 0.81%, mirroring cautious global sentiment and the persistent rise in crude oil prices. The broader Sensex also saw a fall, as investors remained on edge, keenly awaiting the upcoming earnings reports from several key companies that are expected to shape near-term market direction.
Despite the prevailing bearish mood, some market analysts are identifying potential buying opportunities amidst the corrections. Osho Krishan, a prominent analyst from Angel One [ANGELONE], has suggested a 'BUY' recommendation on select stocks, indicating a belief in their underlying strength even when the broader market faces headwinds.
Among the stocks highlighted by Krishan are Triveni Engineering & Industries Ltd. [TRIVENI] and PCBL Ltd. [PCBL]. These recommendations come at a time when strategic investors often look to accumulate quality stocks at more attractive valuations. While specific target prices or timeframes for these calls were not provided, the 'BUY' rating implies a positive outlook on the future performance of these companies.
Triveni Engineering, a diversified sugar and engineering company, and PCBL, a leading carbon black producer, operate in sectors that can demonstrate resilience or benefit from specific demand drivers even in a volatile economic environment. Investors may consider these calls as part of a broader strategy to identify value in a market currently grappling with external pressures and domestic earnings expectations.
The market continues to exhibit a cautious undertone as it navigates global economic cues and domestic corporate performance. However, expert views like those from Angel One underscore that even during periods of broad-market weakness, opportunities for judicious investment can emerge.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult your financial advisor before making any investment decisions. StockTips.in is not a SEBI-registered investment advisor.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult your financial advisor before making any investment decisions. StockTips.in is not a SEBI-registered investment advisor.