However, both indices parade some of their gains by the close, ending the day with an increase of Around Half a Percent, Marking Their Second CONSECUV Session of Advances.
The sensex opened at 81,196.08, up from its previous close of 80,998.25, and surged over 900 points to touch an intraday high of 81,911.13. Similarly, the nifty 50 began the day at 24,691.20, compared to its last close of 24,620.20, and rose more than 1% to set an intraday high of 24,899.85.
Sumeet Bagadia’s Breakout Stock recommendations
Sumeet Bagadia, Executive Director at Choice Broking, Believe that Indian Stock Market Sentimen is positive as the nifty 50 index is sustingable 24,500.
Speaking on the outlook of Indian Stock Market, Bagadia Said, “The Benchmark Index is Facing Hurdle at 25,000. On Breaking Above 25,000, The 50-STOCK Index May Soon Touch 25,400. Stock-Specific Approach and Look at Thos Stocks That Are Looking Strong on the Technical Chart.
Stocks to buy today
Sumeet Bagadia recommends five shares to buy today – JK Cement, JM Financial, Welspun Corp, Sobha, and JSW Infrastructure.
1] JK Cement: Buy at 5715, target 6300, Stop Loss 5440;
2] JM Financial: Buy at 141.62, target 158, Stop Loss 134;
3] Welspun corp: Buy at 962.35, target 1070, Stop Loss 911;
4] Sobha: Buy at 1602.30, target 1775, Stop Loss 1520;
5] Jsw infrastructure: Buy at 307.10, target 338, Stop Loss 292.
Disclaimer: The views and recommendations provided in this analysis are that of individual analysts or broking companies, not mint. We Strongly Advise Investors to Consult With Certified Experts Before Making Any Investments Decisions, as Market Conditions Can Change Rapidly and Individual Circumstances May Vary.
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