Fundamental & Technical Picks for Jan 9, 2026: SBI Life, RVNL, IDFC First, BHEL, other recommendations

Share Market Ideas for Investment and Trading: As Dalal Street enters the last trading session of the week, Zee Business analysts Pooja Tripathi and Ansh Jogendra Bhilwar have studied and lined up a number of investment and trading stock ideas. Their watchlists cover a mix of BFSI, infrastructure, and oil and gas counters, with stock picks including Rail Vikas Nigam Ltd (RVNL), IDFC First Bank, SBI Life Insurance and Oil & Natural Gas Corp (ONGC).

Check out the full list of their latest stock recommendations:

Stocks to trade in cash | FACT, Astra Microwave

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Bhilwar suggests buying FACT shares in the cash segment for a target of Rs 920 with a stop loss at Rs 878. Tripathi recommends buying the Astra Microwave scrip for a target of Rs 1,024 with a stop loss at Rs 994.

Stocks to trade in futures | BEL, Petronet LNG

Bhilwar suggests buying Bharat Electronics Ltd (BEL) futures for a target of Rs 429 with a stop loss at Rs 410. Tripathi recommends buying Petronet LNG futures for a target of Rs 289 with a stop loss at Rs 280.

Options trading stock picks | Angel One, SBI Life

Bhilwar suggests buying the Angel One 2,500 option for a target of Rs 100 with a stop loss at Rs 25. Tripathi recommends buying the SBI Life Insurance 2,100 call option at Rs 28.4 for a target price of Rs 50 with a stop loss at Rs 23.

Technical stock picks | Niva Bupa, Zomato

Bhilwar suggests buying Niva Bupa shares for a target of Rs 85 with a stop loss at Rs 77. Tripathi recommends buying Zomato shares for a target of Rs 291 with a stop loss at Rs 278.

Fundamental stock picks | BHEL, CSB Bank

Bhilwar suggests buying the BHEL counter for a target of Rs 290 with a stop loss at Rs 270. Tripathi recommends buying CSB Bank shares for a six-month target of Rs 550.

Stock investment picks | Rail Vikas Nigam, IDFC First Bank

Bhilwar suggests buying RVNL shares for a target of Rs 390 with a stop loss at Rs 322. Tripathi recommends buying the IDFC First Bank stock for a one-year target of Rs 98.

Stocks making headlines | NHPC, Bajaj Finserv

Bhilwar suggests buying NHPC for a target of Rs 85 with a stop loss at Rs 81. Tripathi recommends buying Bajaj Finserv for a target of Rs 2,045 with a stop loss at Rs 1,985.

Special stock picks | January 9, 2026

Ansh Jogendra Bhilwar:

• Buy Bharat Forge shares for a target of Rs 1,504 with a stop loss at Rs 1,432
• Buy Groww shares for a target of Rs 170 with a stop loss at Rs 155
• Buy Sobha shares for a target of Rs 1,620 with a stop loss at Rs 1,545

Pooja Tripathi:

• Buy ONGC shares for a target of Rs 235 with a stop loss at Rs 228
• Buy Oil India shares for a target of Rs 416 with a stop loss at Rs 403
• Buy Power Grid shares for a target of Rs 264 with a stop loss at Rs 256

High-conviction stock ideas

• Bhilwar’s stock pick: BHEL
• Tripathi’s stock pick: IDFC First Bank