There was broad-based selling in the Indian market, with the nifty midcap100 and smallcap100 indices ending with losses of 0.5% and 0.3%, respectively. All sectorral indices ended in the red, with fmcg and it being the weakest performs, ending with losses of over 1% Each.
Stock market today
On the Indian Stock Market’s Outlook Today, Siddhartha Khemka, Head of Research-Wealth Management at Motilal Oswal, Said, “While The Global Cues are weighing on weights Trade Settlement and positive domestic macros are likely to keep the markets range-bound. “
Speaking on the outlook of the nifty 50 index, shiju kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, Said, “The nifty 50 with a gap download a Volatele Session and breeded below the important support of 24500 zone but recover in the final hours to close the session near 24600 level with bias still mained positive overall. Above The 24500 Zone, Failing which the next Crucial Support BE The 200 Period Ma At Around The 24000 Level. Move in the coming days. “
“The bank nifty index continues to hover the 55000 zone with no major directional witnessed for quite some time and, as mentioned earlier, is gripped between the 55700 and 54400 Levels, who Breed on eater side to trigger a fresh directional move. Shiju kuthupalakkal of prabhudas lilladher.
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 Henesx Securities; Sugandha Sachdeva, Founder of SS WealthStreet; And Anshul Jain, Head of Research at Lakshmishree Investment and Securities – Recommended these five ₹ 100 “> Intraday stocks for today under 100: GMR Airports, Tracxn Technologies, Meghmani Organics, Jagran Prakashan, and Morepen Laboratories.
Vaishali Parekh’s stock recommendations
1]gmr airports: Buy at 88, target 96, Stop Loss 85.
Mahesh M Ojha’s Intraday Stocks for Today Under 100
2]tracxn technologies: Buy at 62 to 63, targets 65, 67, 70, 72, Stop Loss 60.50; and
3]Meghmani Organics: Buy at 79 to 80, targets 82, 85, 88, 90, Stop Loss 77.
Sugandha Sachdeva’s Stock to Buy Under 100
4]jagran prakashan: Buy on Dips at 74.20, target 77, Stop Loss 72.70.
Anshul Jain’s Share to Buy Under 100
5]Morepen Laboratories: Buy at 65, target 73, Stop Loss 60.
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.