Across sector, The Selling Pressure was Widespread. Barring nifty auto, all other sectoral indices ended in the red. Nifty PSU Banks, Media, Realty, Metal, and It Witnessed The Most Significant Declines. The Nifty Midcap and Smallcap Indices Witnessed Considerable Selling Pressure, with the nifty midcap 100 index plummeting by 1.63%, whose nifty smallcap 100 index plunged by 2%. Market Breadth Remained Weak for the Seven Consecurable Day, with Declining Stocks Sharply Outpacing Advanceing Ons, as indicated by a bse advance-deccline ratio of 0.32, the lowest sense 06 may.
Stock market today
Speaking on the outlook of the nifty 50 today, shiju kuthupalakkal, Senior manager of technical research at prabhudas liladher, said, “the nifty 50 index the geopolitical tens Resilience Sustaining Near The 24,800 Zone for Quite some time with very narrow movement witnessed as of now and currently is precariously placed having having 24,500 and at the same time, would need a decisive movie about 25,200 to anticipate for further fresh upward move. “
“The Bank Nifty Index Witnessed Some Profit Booking from Near The 56000 Zone and Closed Near The 55600 Level with Overall Bias mained with a cautious app and anticipating freshe Sessions, which shall decide the further directional move of the index. Same time, would need to sustain the Near-Term Support Positioned Near The 55000 Level to MainTain the overall trend Intact, “Said shiju kuthupalakkkal of prabhudas lilladher.
Stocks to buy today under 100
Regarding Intraday Stocks for Today, Mahesh M Ojha, AVP – Research at Henesx Securities; Sugandha Sachdeva, Founder of SS WealthStreet; And Anshul Jain, Head of Research at Lakshmishree Investment – Recommended Four Stocks to Buy Under 100: ESAF Small Finance Bank, Sat Industries, Imagicaaworld Entertainment, and Morepen Laboratories.
Mahesh M Ojha’s Stocks to Buy Under 100
1]esaf small finance bank: Buy at 30.15 to 31.15, targets 32.50, 34, 36, Stop Loss 28.80; and
2]sat industry: Buy at 96.25 to 97.25, targets 99, 102, 105, Stop Loss 94.50.
Sugandha Sachdeva’s Share to Buy Under 100
3]Imagicaaworld Entertainment: Buy at 66.25, target 69.50, Stop Loss 64.50.
Anshul Jain’s Intraday Stock for Today
4]Morepen laboratories: Buy at 60, target 63.50, Stop Loss 58.50.
Disclaimer: The views and recommendations made about individual analysts or broking companies and not of mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.