Shares to buy or sell: Chandan Taparia of Motilal Oswal recommends three stocks to buy today - 16 June 2026

Indian markets are expected to open higher on 16 June 2026 following mixed global cues and optimism around a US-Iran peace deal; Gift Nifty indicated a flat-to-positive start at ~23,963. Motilal Oswal's Chandan Taparia recommended buying three stocks: Bharat Forge (target ₹2,140, stop loss ₹1,960) on an all-time high breakout, BSE (target ₹4,375, stop loss ₹4,000) on a bounce from 20 DEMA, and The Phoenix Mills (target ₹1,960, stop loss ₹1,790) on a consolidation breakout with a bullish MACD crossover.