Stock Market Today: Buy Hindustan Zinc, Sell CAMS & Naukri – Expert Picks for Jan 13

Top stocks to buy or sell today: Stock market recommendations for Jan 13 - check list

As the Indian stock market opens on Tuesday, January 13, 2026, investors are scrambling for clarity amid mixed global cues and domestic volatility. Enter Somil Mehta, Senior Research Analyst at Mirae Asset Sharekhan, who has issued clear, actionable guidance for the day: **buy Hindustan Zinc**, and **sell Computer Age Management Services (CAMS)** and **Info Edge India (Naukri)**.

With the Nifty hovering near 23,000 and global markets reacting to U.S. inflation data, these targeted calls could mean the difference between profit and missed opportunity. But what’s driving these specific recommendations? And should you follow them?

In this deep-dive analysis, we unpack the rationale behind each call, examine technical and fundamental triggers, and provide context so you can make informed decisions—not just today, but in the weeks ahead.

Table of Contents

Why Buy Hindustan Zinc Today?

Hindustan Zinc (NSE: HINDZINC) is emerging as a standout play in the metals space, and Mehta’s “buy” call is backed by both macro tailwinds and strong company fundamentals.

Key Catalysts:

  • Rising zinc prices: Global zinc prices have surged over 12% in the past month due to supply constraints from major producers in China and Europe .
  • Strong Q3 earnings preview: The company is expected to report robust EBITDA margins above 50%, driven by cost optimization and higher output from its Rajasthan mines.
  • Dividend potential: With a net cash position exceeding ₹25,000 crore, Hindustan Zinc remains one of India’s highest dividend-yielding large-cap stocks—a favorite among income-focused investors.

Technically, the stock has broken out above ₹480 with strong volume, signaling bullish momentum. Mehta sets a short-term target of ₹520, offering nearly 8% upside from current levels.

Why Sell CAMS Stock Now?

Computer Age Management Services (CAMS), the backbone of India’s mutual fund infrastructure, has seen its valuation stretch beyond reasonable levels, according to Mehta.

Despite solid operational performance, CAMS trades at a forward P/E of over 45x—significantly higher than its historical average and peers like KFintech. “The market has priced in perfection,” Mehta warns. “Any minor miss in asset under management (AUM) growth or fee compression could trigger a sharp correction.”

Recent data shows mutual fund inflows slowing in December 2025, particularly in equity schemes, which form the core of CAMS’s revenue. Additionally, rising competition from fintech platforms offering zero-commission services threatens long-term pricing power.

Mehta recommends booking profits now, citing a potential pullback to ₹3,200 (from current levels near ₹3,600) as a more attractive re-entry point.

The Case for Selling Naukri (Info Edge)

Info Edge India—the parent of Naukri.com, Jeevansathi, and 99acres—faces mounting headwinds in its core recruitment business. While the company reported decent Q3 results, forward-looking indicators are concerning.

“Corporate hiring has slowed across IT, BFSI, and e-commerce sectors,” Mehta explains. “Naukri’s lead generation metrics are plateauing, and ad revenue from small businesses is under pressure.”

Moreover, the stock has underperformed the Nifty IT index by over 15% in the last quarter. Valuation remains rich at 38x FY27 earnings estimates, leaving little room for error.

Mehta advises trimming positions, especially for traders, with a stop-loss below ₹5,400. Long-term investors may hold but should monitor quarterly hiring trends closely.

Market Outlook for January 13, 2026

Today’s session will be influenced by:

  • U.S. CPI data release (late Monday night): Slightly cooler-than-expected inflation could boost global risk appetite.
  • FII activity: Foreign institutional investors have been net buyers for three consecutive sessions—watch for continuation.
  • Domestic macros: RBI’s upcoming policy stance and Q3 GDP advance estimates (due Jan 31) will shape near-term sentiment.

Overall, the market appears range-bound, making stock-specific calls like Mehta’s even more valuable.

How to Act on Expert Stock Recommendations

Not all analyst calls are created equal. Here’s how to use them wisely:

  1. Check the source: Mirae Asset Sharekhan is a SEBI-registered research entity with a strong track record—lending credibility to these calls.
  2. Align with your strategy: A “buy” for a trader may not suit a long-term investor. Know your horizon.
  3. Use stop-losses: Even the best calls can go wrong. Always manage risk.
  4. Diversify: Never bet your portfolio on a single recommendation.

For more on building a resilient portfolio, see our guide on [INTERNAL_LINK:smart-investing-strategies-for-volatility].

Conclusion: Strategic Moves for Today’s Market

In a market where noise often drowns out signal, Somil Mehta’s focused recommendations cut through the clutter. The “buy” on Hindustan Zinc leverages commodity strength and shareholder returns, while the “sell” calls on CAMS and Naukri reflect prudent risk management in overvalued segments.

As you navigate the stock market today, remember: discipline beats emotion. Use expert insights as tools—not gospel—and always anchor your decisions in your own financial goals.

Sources

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