Top stocks to buy today: Stock recommendations for October 16, 2025 – check list

Top stocks to buy (AI image)

Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Bikaji, Voltas, and Torrent Power. Here’s his view on Nifty, Bank Nifty and the top stock picks for October 16, 2025.Index View: NiftyAfter 2 days in red, Nifty is back in green covering up losses of the past 2 days – closing at 4 week highs. Current leg opens for a short term upside to 25450 with a buy on dip near 25250 now getting opened. Support can be trailed to 25050 on Nifty spot, while a major short covering move opens up once the index closes above 25500 on a weekly closing basis.Bank NiftyBank Nifty has completed its target of 56650 we had been highlighting all through last week as the index gained momentum on Friday post its inside bar formation in the previous session. Bank Nifty continues to be seen as a buy on dip candidate for short term target of 57250 odd.BIKAJI (BUY):

Stock has been refusing to slide below its 200 DMA for the past couple of trading days giving signs of presence of buyers below the same. Volume spurt in the last 30 mins of trade yesterday indicating early signs of reversal on the same given the trendline breakout it has seen last month acting as a tailwind for the same. Target opening to near the 800 mark soon.VOLTAS (BUY):

Voltas has been forming an inverted head and shoulder pattern on weekly charts from February 2025. While on hourly and daily charts the stock has just broken out from a bullish flag formation citing early signs of interlocking breakout, potential crossing higher than the IH&S neckline. Adding to this, sustaining above its 200DMA is also allowing short covering to be developed on the counter.TORNTPOWER (BUY):

For Torrent Power stock, a 6 month sloping trendline breakout is seen as a follow up move after the original corrective trendline was taken out last month which was holding its place since October 2024. Reversal from its previous support of March 2025 lows and this double trendline breakout confirms that the forward short term trend has now shifted on the upside to retest its 200 DMA near the 1380 / 1390 mark.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)