Stocks To watch- Lupin, Tata Consumers, ONGC, BPCL, Apollo Tyres, Power Grid Corp, RVNL, Zomato
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Thursday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up by 32 points or 0.15% at 22,054 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 ended up by just 1.10 points or 0.01% to settle at 21,930.50, while the BSE Sensex ended lower by 34.09 points or 0.05% to 72,152.
“Bears exerted downward pressure on the Nifty after an initially positive start. Sentiment remained somewhat weak as the market closed. Support is positioned at 21,850, and a breach below this level could potentially initiate a correction towards 21,700. On the upside, resistance is identified at 22,000,”said Rupak De, Senior Technical Analyst, LKP Securities.
Kolkata Metro to run normal services amidst 12-hour strike tomorrow Vande Bharat …
Stocks To Watch- Zomato, Reliance Industries, L&T, Ola Electric, Cyient DLM, Petronet LNG, Genus Power
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a muted opening on Wednesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded down by 27 points or 0.11% at 24,690 indicating a muted opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 ended up by 126.20 points or 0.51% to settle at 24,698.85 while the BSE Sensex jumped 378.18 points or 0.47% to 80,802.86.
“The domestic market started the session with a strong surge, buoyed by positive global sentiment amidst Israel-Hamas ceasefire talks and diminishing US recession fears due to recent favourable data. Concurrently, easing geopolitical risks and weak China demand have led to a decline in crude prices, benefiting the domestic economy,” said Vinod Nair, Head of Research, Geojit Financial Services.
Stocks To Watch: Hindustan Zinc, Suzlon Energy, Glenmark Pharma, …