- Nifty 50 saw a level of 24,564.15 points and an increase of 0.35 percent.
- The Sensex closed at 80,648.65 points and the index fell by 0.20 percent.
- As bullish and bearish signals are seen simultaneously in the market, investors are paying attention to the next move.
India Share Market Update: Looking at the global market cues, experts have predicted that major indices of the Indian stock market, Sensex and Nifty 50, will open lower or negative today on August 17. The trend of Gift Nifty also indicated a weak start for the Indian benchmark index. Gift Nifty was trading at around 24,393.5 points, down 56.1 points from the previous closing price of Nifty Futures.
Today's Gold-Silver Price: A slight decrease in the price of gold, a change in the price of silver! Know the prices in your city
Domestic stock indices closed flat to negative levels in the previous session, while the benchmark Nifty 50 closed below the 24,400 level. The Sensex closed down 70.71 points, or 0.09 percent, at 78,009.25, while the Nifty 50 fell 29.85 points, or 0.12 percent, to settle at 24,366. Vaishali Parekh, Vice President, Technical Research, Prabhudas Lilladhar, recommends three stocks for investors to buy and sell in today's trade. These stocks picked by experts include Arvind, Man Industries (India) and Sumitomo Chemical India. (Photo Courtesy – AI Created)
Choice Broking Executive Director Sumit Bagdia today recommended five breakout stocks for investors to buy namely SJS Enterprises, Honasa Consumer, Suven Life Sciences, Sumitomo Chemical India and Asahi India Glass. In today's trading, Indian stock market investors can focus on stocks like Cochin Shipyard, Reliance Industries, Voltas, Physixwala, NMDC, IndusInd Bank, Patanjali Foods, Schneider Electric Infrastructure, Quality Walls, Natco Pharma.
Share Market Weekly Outlook : Stock market boom or recession? From August 17 to 21, keep a close eye; 'These' triggers will determine the direction of the market
Sumeet Bagdia, Ganesh Dongre and Anand Rathi, senior managers at Choice Broking, recommend eight stocks to buy and sell for investors in the Indian stock market. Experts have selected shares of Hindustan Aeronautics Limited (HAL), Godrej Agrovet Limited, Apollo Hospitals Enterprise Limited, Eternal Limited, Wipro Limited, Transformers and Rectifiers (India) Limited, Aeroflex Industries Limited and Havells India Limited for investors to buy and sell.
(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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