Ganesh Dongre of Anand Rathi has recommended three stocks to buy amid ongoing Middle East tensions, according to livemint.com. The picks include Bharat Heavy Electricals Limited (BHEL), Hindustan Petroleum Corporation Limited (HPCL), and Shriram Finance. Dongre's recommendations were published on September 13, 2026, as the Indian equity markets extended their losing streak.
Dongre highlighted that the key event to watch in the coming week will be the US Federal Reserve's interest-rate decision, which could impact market sentiment. His stock picks are aimed at navigating the current volatility, with BHEL, HPCL, and Shriram Finance positioned to potentially benefit from sector-specific and macroeconomic factors. The recommendations come as part of Anand Rathi's broader market outlook.
These stock recommendations come at a time when the Indian market is facing pressure from geopolitical tensions and global economic uncertainties. BHEL, a major public sector engineering and manufacturing company, HPCL, a leading oil refining and marketing firm, and Shriram Finance, a non-banking financial company, represent diverse sectors that could offer defensive and growth opportunities. Such targeted picks reflect a strategic approach to stock selection amid fluctuating market conditions.
The next significant market event is the US Federal Reserve's interest-rate decision scheduled for the coming week, which investors will closely monitor for its impact on global and Indian markets. Dongre's stock recommendations provide specific options for investors looking to adjust portfolios ahead of this announcement, as reported by livemint.com.