The sensex declined by 139 points, or 0.17 per cent, to close at 81,444.66, while the nifty 50 dropped 41 points, or 0.17 per cent, to settle at 24,812.05. The BSE Midcap and Smallcap Indices also Slipped, Each Losing 0.34 per cent.
Sumeet Bagadia’s Breakout Stock recommendations
Sumeet Bagadia, Executive Director at Choice Broking, Believes that Indian Stock Market Sentimen is cautious to positive as the nifty 50 index is trading in 24,500 to 25,200 to 25,200 range.
Speaking on the outlook of Indian Stock Market, Bagadia Said, “Bully or bearish trend can be assumed on the breakage of either side of the range. So, one should maintain stock-specified and seek-specified and seek. Stocks that are looking strong on the technical chart.
Stocks to buy today
Sumeet Bagadia recommends five shares to buy today – Sakar Healthcare, Yuken India, Dee Development Engineers, NDR Auto Components, and Pearl Global Industries.
1] Sakar Healthcare: Buy at 363, target 390, Stop Loss 350;
2] Yuken India: Buy at 1108, target 1190, Stop Loss 1080;
3] Dee Development Engineers: Buy at 300, target 322, Stop Loss 292;
4] Ndr auto components: Buy at 988.2, target 1060, Stop Loss 950;
5] Pearl Global Industries: Buy at 1467.8, target 1580, Stop Loss 1414.
Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.