Top Stock Picks for October 24, 2025: Inox Wind and Zaggle Prepaid Ocean Services Lead the List

The Indian stock market continues to show bullish momentum, with Nifty and Bank Nifty extending gains amid strong global cues and positive earnings reports. Bajaj Broking Research has highlighted Inox Wind and Zaggle Prepaid Ocean Services as the top picks for October 24, 2025. Investors in Tier-2 cities and smaller towns can take note of these recommendations as potential opportunities to participate in the ongoing market upswing.

Market Overview
Nifty closed near a 52-week high around 25,900 points, marking the sixth consecutive session of gains. Global market optimism and progress in India–US trade negotiations have further fueled investor confidence. However, technical indicators suggest that the indices are entering overbought territory, indicating the possibility of a short-term pause or consolidation.

Stock Recommendations
Inox Wind has been identified as a strong buy due to its robust fundamentals and consistent earnings growth. Zaggle Prepaid Ocean Services is also favored, benefiting from increased adoption of digital payment solutions and a solid revenue outlook. Analysts suggest that dips in prices for these fundamentally strong stocks could present good buying opportunities.

Support Levels and Technical Insights
The 25,500–25,700 zone is expected to act as a strong support for Nifty, aligning with Fibonacci retracement levels and recent breakout points. Investors are advised to monitor these levels closely while planning short-term trades or long-term investment strategies.

Conclusion
With the stock market demonstrating resilience and strong earnings momentum, top picks like Inox Wind and Zaggle Prepaid Ocean Services offer potential for growth. Investors in smaller cities and emerging markets can leverage market corrections to accumulate quality stocks, keeping an eye on technical support and overall market sentiment.