Sensex today | Stock Market Live: Stock to buy today: Allied Blenders and Distillers (₹647.60) – BUY
Sensex, Nifty, Share Prices LIVE: The short-term outlook for Allied Blenders and Distillers is bullish. The stock is moving up after forming a strong base around ₹580 over the last two months. Immediate support is in the ₹ 625-₹ 630 region. Below that, the ₹610-₹600 region is the next strong support and can limit the downside if the price falls below ₹625.
On 17th September 2026, the Sensex and Nifty 50 experienced significant movements in the Indian stock market. The multi-year growth in defence spending has been driving strong earnings visibility, with the defence electronics, aerospace, missiles/defence, and unmanned systems sectors leading this rally. Hawk Aerospace (HAL) and Bharat Electronics (BEL) have been initiated as Buy ratings, while Solar, Astra, Data Patterns, and Bharat Dynamics (BDL) have been rated as Hold.
The NIFTY Defence Index has risen by 25.1% year-to-date, outperforming the overall NIFTY, which has declined by 10.5%. The company's recommendation is to buy Allied Blenders and Distillers shares at ₹647.60, targeting a price of ₹715 with strategic stop-loss adjustments to maximize gains.
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