In a change from recent trends, the nifty mid-cap and small-cap indices broke their winning streak today. The Nifty Mid-Cap 100 Index Fell by 0.49%, While The Nifty Small-Cap 100 Index Went Down by 0.53%. However, market breadth remained decisively positive, with advancing stocks significantly outpacing declining ons, as indicated by a bse advance-declinee ratio of 1.24.
Stock market today
On the outlook of the Indian Stock Market Today, Siddhartha Khemka, Head of Research – Wealth Management at Motilal Oswal, Said, Said, “Looking Ahead, Market Participants will close Points, with us cpi data released on wedding, followed by Cold Influence Sentimen and set the tone for near-term market direction. “
Speaking on the outlook of the nifty 50 today, shiju kuthupalakkal, Senior manager of technical research at prabhudas lilladher, said, “the nifty 50 index, after CONSOLIDTING SINCE The Last Two Days, Witnessed a Volatile Session With the Initial Half Progressed Ahead to Scale The 25,200 Zones While Post-Lunch Session Succumbed to Profit Booking to End Near The 25,150 Level with Slight Cautious. The index has 25,000 zones as the Near-Term Support, While on the UPSIDE, The 25,500 Level Can Be Expected In the Coming Sessions Once there is a breach about 25,200 levels, white Overall bias maintained strong. “
“The bank nifty index has witnessed another session of Profit Booking to Slip Further from the Peak Made Near The 57,000 Zone, and with the 55,800 to 56,000 Band Maintained as the Important Suppt from the Rest Level, The Index is Still in the Strong Territory but would need a decisive breach about the 57,000 level to anticipate for fresh upward move in the coming days to maintain the positive bias inact, ” Kuthupalakkal said.
Stocks to buy today
Regarding Stocks to Buy Today, Market Experts Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Mahesh M ojha, AVP –Research at hencex securities; Sugandha Sachdeva, Founder of SS WealthStreet; And Anshil Jain, Head of Research at Lakshmishree Investment and Securities, Recommended These five ITRADAY Stocks: Lloyds Enterprises, NMDC Steel, Sterlite Technologies, Fedders Holi Sugar works.
Vaishali Parekh’s stock recommendations today
1]lloyds enterprises: Buy at 73, target 83, Stop Loss 70.
Mahesh M Ojha’s Stocks to Buy Under 100
2]NMDC Steel: Buy at 40 to 41, targets 42.40, 43.80, 46, Stop Loss 38.80; and
3]Sterlite Technologies: Buy at 76.50 to 77, targets 78.50, 80, 82, 85, Stop Loss 74.60.
Sugandha Sachdeva’s Share to Buy Under 100
4]fedders holding: Buy at 50, targets 53, 54.80, Stop Loss 48.40.
Anshul Jain’s Stock of the Day
5]ugar sugar works: Buy at 51, target 58, Stop Loss 48 (Closing Basis).
Disclaimer: The views and recommendations made Above are that of individual analysts or broking companies, and not of mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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