1 week Ago
The Indian stock market ended on a positive note, driven by gains in the auto, IT, and consumption sectors. The Nifty 50 closed at 24,188.65, and the BSE Sensex climbed 1.
83% to settle at 79,943.71, while the Nifty Media sector lagged behind, closing in the red. Top performers included Eicher Motors (+8.
65%), Bajaj Finserv (+7.88%), Bajaj Finance (+6.32%), and Maruti (+5.
65%), with Sun Pharma (-0.63%) and Britannia (-0.14%) leading the losses.
Indian Stock Market’s Outlook: The Nifty's breakout above the 24,000 mark signals the start of a potential new market trend, supported by its position above the 20-day moving average (24,013.25). Similarly, Bank Nifty closed above its 100-day moving average of 51,590.
15, ending at 51,605, further strengthening the bullish outlook. Three stocks to buy, recommended by Ankush Bajaj: : Buy at 1835; Target 1885-1910; Stop Loss 1760. The stock has breached the critical level of 1810 with strong trading volume, signaling the potential for a significant uptrend.
Buy at 1348; Target 1405-1426; Stop Loss 1320. With the recent bullish momentum in the pharma sector, this stock stands out as a promising buy opportunity. : Buy at 617; Target 645-665; Stop Loss 584.
The stock has broken its recent high on the charts, presenting a strong opportunity for a bullish trade. Also read:.
