
- Indian stock markets are likely to open at negative levels
- About 200 companies will announce quarterly financial results on Friday
- After a three-day rally, the stock market fell on Thursday
India Share Market Update: Global markets are showing weakness. Indian stock market benchmark indices Sensex and Nifty 50 are likely to open flat or negative today on Friday due to continued sell-off in US tech stocks. Trends on Gift Nifty also indicate a negative start for the Indian benchmark index today. GIFT Nifty was trading around 25,609, almost 115 points lower than the previous close of Nifty futures.
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On Thursday, the Indian stock market fell, with the benchmark Nifty 50 closing below 25,700. The Sensex closed down 503.76 points, or 0.60%, at 83,313.93, while the Nifty 50 closed down 133.20 points, or 0.52%, at 25,642.80. The Bank Nifty index closed down 174.50 points, or 0.29%, at 60,063.65 on Thursday. The stock market fell on Thursday after a three-day rally in the stock market. (Photo Courtesy – Pinterest)
Sumit Bagadia, Executive Director, Choice Broking, has recommended five breakout stocks for investors to buy in today’s trade. Shares recommended by Sumit Bagadia include APL Apollo, Lupine, Sirma SGS Technologies, Dmart and HFCL. Ajit Mishra, senior vice-president, research at Religare Broking, has recommended Indian Oil Corporation (IOC), Indus Towers, REC Ltd. stocks for investors to buy in the short term.
Investors can focus their attention on stocks such as Bharti Airtel, Tata Motors Passenger Vehicles, Hero MotoCorp, Rail Vikas Nigam Limited (RVNL), Federal Bank, Ultratech Cement, Berger Paints, Physixwallah, FSN E-Commerce Ventures (Nyaka) and others in today’s trade. Sumit Bagdia, Executive Director, Choice Broking, and Ganesh Dongre, Senior Manager, Technical Research, Anand Rathi, have suggested five intraday stocks for investors to buy during stock market trading today on Friday. As per expert recommendations, investors can keep their focus on GESHIP, IOC, PNB, POLY MEDICURE and UPL shares.
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Tata Steel, Kalyan Jewellers, MRF, BEML, Sun TV, Bosch, Centum Electronics, CESC, Crompton, Delta Corp, Ethos, GMM Foodler, Greaves Cotton, Jubilant Farmova, Procter & Gamble Health, Pearl Global, Shipping Corp, Shilpa Medicare, Bazar Style Retail and Whirlpool of India are some of the leading companies that have released their third quarter results today. will announce.
(Note: The information in the above article is based on individual analysts and experts. Navarashtra.com does not make any claim. We advise investors to consult certified experts about stocks before taking any investment decision.)
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