Stocks to buy: B&amp;K Securities lists top 5 picks for May including SBI

B&amp;K Securities believes India’s long-term story remains intact, however, in near term, key drivers – both global and local – remain uncertain, implying that focus has to be on bottom-up stock picking. It has chosen 5 'stocks of this month' as it sees good near-term traction in them.

Stocks to buy: B&K Securities lists top 5 picks for May including SBI

Sugar stocks rally up to 17% in a month, with Uttam Sugar Mills leading the way

According to industry body ISMA, sugar production in India, the world's second-largest sugar-producing nation after Brazil, fell 6% to 311 lakh tonnes till April 15 of the 2022–23 marketing year ending September, mainly due to lower output in Maharashtra.

NSE adds Gujarat Narmada Valley Fertilizers & Chemicals to its F&O ban list; check details

<ul><li>According to an analysts, Gujarat Narmada Valley Fertilizers &amp; Chemicals stock had no major price movement for last couple of months, and was trading within a range of  <span class='webrupee'>₹</span>500 - 600.</li></ul>

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Stocks to buy: B&K Securities lists top 5 picks for May including SBI

markets

Sugar stocks rally up to 17% in a month, with Uttam Sugar Mills leading the way

markets

NSE adds Gujarat Narmada Valley Fertilizers & Chemicals to its F&O ban list; check details