Stocks To Buy Today, November 12, 2026: GMM Pfaudler, Man Industries, Cummins India - Thursday Trade Guide

The Gift Nifty traded marginally higher in the early hours of Thursday, November 12, 2026, indicating a positive opening for the Sensex and Nifty. The Indian stock market has witnessed a broad-based buying trend for the past nine consecutive days with the exception of Muhurat trading. The major driving factor is FIIs turning buyers this month. Also, domestic equities could track the uptrend in Wall Street overnight despite concerns surrounding AI spending. Amidst this, brokerage Anand Rathi has picked three stocks for buying in the intraday trade.

Stocks To Buy Today, November 12, 2026:

Anand Rathi recommends the following:

1. GMM Pfaudler Share Price

The brokerage recommends BUY at Rs 1,180 level for a target price of Rs 1,300, indicating a potential upside of nearly 10.2% in the intraday trade.

On BSE, GMM share price stood at Rs 1194.40 apiece with gains of over 4.2% on Wednesday. Its market cap stood at Rs 5,369.69 crore.

2. Man Industries Share Price

The stock is recommended to BUY at the price range of Rs 830 for a target price of Rs 880, signalling a potential return of over 6%.

Man Industries share price closed at Rs 840.70 apiece on Wednesday, with gains of over 5.7% and market capitalisation of Rs 6,306.05 crore on BSE.

3. Cummins India Share Price

This stock is recommended to buy at Rs 4,200 for a target price of Rs 4,440 for potential returns of 5.7%.

This diesel engines producing stock closed at Rs 4,225.25 apiece on BSE, with 2.5% upside, driving the market capitalisation to Rs 1,17,123.93 crore.

Day Trade Guide For Thursday

Yesterday, Sensex closed at 81,879.40, up nearly 1% or 772.75 points, while Nifty ended at 25,255.05, higher by 0.84% or 210.40 points.

"Markets edged higher on Wednesday, extending the prevailing positive trend and ending the session with decent gains. The Nifty crossed the 25,400 mark in early trade, supported by favourable global and domestic cues. However, profit-taking in heavyweight stocks across sectors trimmed the gains as the session progressed. The index eventually settled at 25,255.05, up 0.84%," said Ajit Mishra, SVP - research, Religare Broking.

Among the sectoral prices, auto, banking and FMCG stocks led the rally while pharma and healthcare witnessed selling pressure.

Among the key triggers, Mishra explained that foreign portfolio investors continued their aggressive buying, with cumulative November inflows reaching approximately $5.68 billion, the strongest monthly inflow since September 2024. Brent crude remained near $92-93 per barrel, well below its recent levels, easing concerns around imported inflation. Optimism around domestic demand and corporate earnings, along with moderating global enthusiasm for AI-linked investments, further enhanced the relative attractiveness of Indian equities.

At the time of writing, Gift Nifty surged by 17.50 points or 0.7% to trade at 25,243.

What Should Investors Do?

Following the sharp and vertical rally, some consolidation would be healthy for the market. Mishra said, "We believe the 24,800-25,000 zone could offer a favourable opportunity for fresh buying, with 24,600 serving as the key level for invalidating our positive view. On the upside, the Nifty could move towards the 25,500-25,750 target zone."

With key sectors participating in the rally on a rotational basis, participants should focus on identifying quality stocks across promising themes, particularly PSU banking, capital markets and oil & gas. Any dips or consolidation should be utilised to accumulate quality names rather than chase extended moves.

From a technical perspective, Deepesh Sarawagi Technical Research Analyst at Choice Broking said, Nifty continues to maintain a positive broader structure, but the elevated RSI of 79.49 suggests limited room for an uninterrupted rally in the near term. The rejection from higher levels indicates the possibility of consolidation or intermittent profit booking. A sustained move above 25,400-25,450 could extend the upward momentum, while 25,050-25,150 remains an important support zone. India VIX edged higher to 17.55, indicating a slight increase in market volatility.

In terms of derivatives, Sarawagi added that Put writing around 25,200, followed by 25,000, indicates support at lower levels. On the upside, active Call writing around 25,200, 25,400 and 25,500 suggests resistance and supply at higher levels. The concentration of Put and Call writing around 25,200 indicates an important zone for near-term positioning. A sustained move above 25,400 could trigger further short covering, while failure to hold 25,200 may increase profit-booking pressure.

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