📈 Top Stock Picks for July 8, 2025: Jio Financial Services & Varun Beverages in Focus

 

                                                         Varun Beverages shares rise 121% from 52 week low;

Market Outlook & Technical Setup

Indian markets opened cautiously today, with benchmarks hovering near flat:

• Sensex: ~83,442 (+0.01%)

• Nifty 50: ~25,461 (+0.12%)

• Bank Nifty: ~56,949 (−0.15%) 

Sector-wise, FMCG and Oil & Gas led gains, while IT and Metals lagged. Analysts note strong support at 25,400 on Nifty, challenging for upside beyond ~25,500–25,800.

---

Standout Recommendations from Times of India

The Times of India investment team highlights two major picks today:

1. Jio Financial Services
   Backed by robust digital financial growth, the stock remains a strategic play on fintech adoption in India.
   (Note: Specific price targets not published.)

2. Varun Beverages Ltd (VBL)
   Technical analyst Shiju Koothupalakkal identifies a bullish candle and rising volume near ₹448 support. He recommends buying around ₹464, targeting ₹484, with a ₹454 stop-loss.

---

Expert Picks: A Broader Look

Mint and other brokerage sources add color:

• Varun Beverages appears repeatedly:

  • Buy call at ₹464 → target ₹484, stop-loss ₹454 

  • Axis Securities sees a 38% upside, target ₹650 

  • Goldman Sachs initiates with Buy and ₹600 target (22% upside) 

  • ICICI Securities recommends Hold, target ₹500 

• Other strong short-term picks from Mint traders include:

  • Akzo Nobel

  • Tata Steel

  • Exide

  • LIC

  • Kingfa Science 

---

🗝️ Why Varun Beverages Continues to Shine

• Analyst support: Bullish from major brokers (Axis, Goldman) – targets range ₹600–650 (22–38% upside)

• Technical strength: RSI rebound and candle patterns signal short-term momentum

• FMCG appeal: A leading PepsiCo bottler with strong cash flows and scaling RTD market opportunities 

---

Proposed Deployment Matrix

Stock	Entry Price	Stop-loss	Target Price
Varun Beverages (VBL)	₹464	₹454	₹484
Varun Beverages (Alt)	₹468	–	₹600–650
Jio Financial Services	–	–	–

⚠️ Disclaimer: The recommendations reflect market analysis and broker sentiment. Investors should align with their risk profile and time horizon, and consider consulting a financial advisor.

---

Final Take

• Varun Beverages remains a top pick with short- and long-term upside backed by strong fundamentals, bullish technicals, and multiple broker ratings.

• Jio Financial Services continues to attract attention in India’s booming fintech space.

• Other sectoral buys (FMCG, Oil & Gas) suggest selective strength—helpful for traders seeking diversified exposure.